Doña Mayra Hernández was born in the capital of Managua, where she has built her family, her husband, a foreman, and her two children. She is 46 years old and works as the housekeeper for a foreign functionary. With her husband’s earnings and her own, she has saved up to now have a small shop in her home, which is run by her daughter, to cover basic costs of water, power, telephone and food. Thanks to God, she has improved her home, but the roof is in disrepair, thus she wants to fix it and add a purlin because it is very low and, furthermore, very old so that the need is urgent to repair it in the next few months so that they won’t have to worry in the winter. The good news is that the labor won’t cost, because her husband does the work, which is more expensive. She has had various loans with the institution to improve her home. Her goal is to be able to invest more to increase the inventory in her business and improve the utilities.
Doña Mayra Hernández, nació en la capital de Managua en donde construyo su familia tiene 46 años de edad, y trabaja como ama de llave a un funcionario extranjero, casada su esposo maestro de obra y con dos hijos. Con los ingresos de su esposo y los de ella ha logro ahorrar y tiene una pulpería en su casa de habitación quien administra su hija todo esto para cubrir los gastos básicos de agua, luz, teléfono y la alimentación. Gracias Adios ha mejorado su casa pero su techo esta en mal estado es por eso que desea cambiarlo y poner perlin ya que es muy bajo y además ya esta viejo es por eso la necesidad que le urge en estos primeros meses reparar y no estar preocupada en el invierno. Lo bueno es que no gasta en mano de obra por que su esposo hace el trabajo el cual es de mucha ganancia ya que es lo más caro. Lleva varios créditos en la institución el cual ha mejorado su casa. Su meta es poder invertir más en variedad en el negocio para incrementar su inventario como mejorar las utilidades.
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.