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Domingo Antonio
Domingo, 30, has been an mechanic for the past 15 years; a skill he learned and inherited from his father. What he most desires is to buy his own lot where he can set up his vehicle dismantling shop in order to provide for his family and give a good education to his three sons who are students. He lives in Santa Rosa in the capital city of Managua on the edge of the track. His plan is to improve his small house. With this loan he will buy zinc and metal tubing to build a covered work area so that he can work under shelter from the sun since working in the sun all afternoon burns and upsets him very much. Thus the need to improve customer service as well as his personal situation. He thanks Afodenic for helping him better his work since lack of resources had kept him from building this covered area.
View original language description ↓
El señor Domingo de 30 años de edad, es electromecánico, la cual ejerce desde hace quince años, el cual su padre le enseño y heredo, lo que mas desea es comprar su propio terreno en donde trabaja para hacer un gran desarme automotriz, para poder dar a su familia una buena educación a sus tres hijos los cuales cursan sus estudios, vive en Santa Rosa en la capital de Managua alorilla de la pista, sus planes es poder hacer mejoras a su pequeña casa. Con este préstamo comprara zinc y tuvo metálicos para hacer un galeron para el taller y trabajar bajo techo ya que todo el sol de la tarde le da y se quema y ajita mucho es por eso la necesidad de mejorar el servicio a sus clientes a si como personal. Da las gracias Afodenic por apoyar a su mejora de trabajo ya que por falta de recursos económicos no había logrado poder hacer este bajarete.

Additional Information

About AFODENIC

This loan is administered by AFODENIC, La Asociación para el Fomento al Desarrollo Nicaragua, a Kiva Field Partner based in Managua, Nicaragua. Founded in 1999, AFODENIC was created to promote the socio-economic and cultural development of sectors that are excluded from commercial banking. Integrating economic and human resources, AFODENIC offers affordable and adaptable financial services aimed at strengthening the family unit of their clients, who include students, producers, and micro- and small entrepreneurs from rural and urban areas. AFODENIC is a socially responsible institution engaged in society and making a positive impact on its professional partners and communities.

Supporting a borrower through AFODENIC contributes to the pursuit of innovation in mitigating poverty in Nicaragua. Visit AFODENIC’s partner page for more information.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Nicaragua

  • $3,636
    Average annual income
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $23,659,150
    Funds lent in using Kiva
  • 20.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Domingo Antonio to buy metal and zinc tubing to build a covered space to offer better customer service.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 31, 2009
Listed
Nov 13, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010