Don Alberto has worked as a taxi driver for five years. Previously he had only worked in welding, which he has done for 22 years, but sometimes this provides him greater earnings than the taxi, because the roads are bad. Also, many people opt for the bus route because of the low cost. Due to the fact that many people are unemployed, salaries are low and the economy has greatly affected the country. Don Alberto is 49 years old and lives together with his wife and children. His plans are to finish his house with concrete, and he is content because through a lot of effort with his two jobs, he has managed to make it look really nice already. With this loan he wants to purchase windows and doors to be able to completely seal it and enjoy his new house. He is grateful to this institution for the support in attaining a decent home for his family.
Don Alberto trabaja como cadete de un taxi que tiene desde hace cinco años, anteriormente solo trabajaba en soldadura tiene 22 años trabajando en este ramo ya que abecés le da más ganancia que el taxi por que las carreras están malas y solo los día de pago le queda mucha ganancias. Ya que los usuarios optan más por la ruta por el bajo costo del pasaje debido que muchas gente esta sin trabajo, los salarios son bajos y la economía afectado mucho al país. Don Alberto tiene 49 años de edad, vive junto con su esposa e hijos. Sus planes ha sido terminar su casa toda de concreto contento por que a muchos esfuerzo con sus dos trabajo lo ha logrado el cual ya bonita. Con este préstamo quiere comprar las ventanas y puertas para poder cerrarla por completo y poder gozar de su nueva casa. A agradece a la institución por el apoyo de lograr una vivienda digna para su familia.
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.