Milagros Isabel is a 33-year-old single woman who has been working as an administrator at a pharmacy for 6 years. She has 2 children: Cristina, age 12, who is in her first year of middle school, and Ivonne, age 9, who is in elementary school. Milagros has their father's support in that he covers both their school and household expenses. Milagros is requesting her second loan, and she hopes to obtain one from Kiva as she would like to remodel her kitchen by building a pantry and installing floor tile to provide more comfort to her family. If money permits, she would like to install a roof over her laundry area because when winter arrives, she gets wet while doing the laundry. Milagros' dream is to have a beautiful house with all the amenities that her daughters need because her house will be their inheritance.
Milagros Isabel de 33 años de edad es soltera, trabaja como administradora en una Farmacia desde hace 6 años, tiene 2 niñas, Cristina de 12 años estudiando 1er año de secundaria y la menor Ivonne de 9 años en primaria, cuenta con el apoyo del padre de las niñas que asume los gastos escolares de las niñas y del hogar. Milagros esta solicitando su 2do credito y espera ser beneficiada con kiva, pues desea mejorar su cocina construyendo un pantry, y poniendole el piso para mayor comodidad de la familia, si el dinero lo permite desea poner el techo donde tiene el lavandero porque como se acerca el invierno cuando lava la ropa se moja. El mayor sueño de Milagros es tener su casa bonita con las comodidades que sus hijas necesitan, ya que es la herencia que les dejara.
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.