Among the problems that he has faced is a lack of credit to be able to complete the renovation of his home, which, as you can see in the photo, is in the final stages due to his daily efforts. Now he requests a loan to buy construction materials. The completion of this construction project will help his family economically and will provide better living conditions for his family.
Dentro de los problemas a los que se ha enfrentado, esta la falta de financiamiento para poder remodelar su vivienda la cual ya se encuentra bien avanzada tal y como lo muestra la foto, esto ha sido producto de su empeño diario, ahora él solicita un prestamo para la compra de materiales de construcción, y la culminacion del proyecto de reconstruccion, que aporte una ayuda económica y mejores condiciones de vida para la familia.
About AFODENICThis 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.
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