Mrs. Dalila is 53 years old. She has been a professor for the past fifteen years and her husband also. She has two children who are 20 and 24 years old. One works and the other is a student. She began teaching as soon as she finished her studies. The problem that she has now is that they have decreased the number of class hours she gives so she makes less. She and her husband together built the entire cement house but they still need to stucco the walls, paint and put in ceramic tiles. This is why she opted for financing, in order to advance more quickly because she had been improving her home little by little. Her plans are to be able to retire and start an Avon cosmetics business with display cases. She is happy because this will make the improvement possible in a short time.
Doña Dalila de edad de 53 años, trabaja como docente catedrática desde hace quince años, igual que su esposo, procreo dos hijos de edad de 20 y 24 años, uno trabaja y el otro cursa sus estudios. Pues inicio luego que término sus estudios, las dificultades que se le han presentado es que le han disminuido las horas de clase a impartir lo cual le sale de menor valor su pago. Junto a su esposo han construido su casa todo de concreto pero aun le falta repellar paredes, pintar y poner cerámica, es por eso opto al financiamiento para lograr avanzar mas rápido ya que ha venido mejorando su casa poco a poco. Sus planes es poder jubilarse y poner un negocio de productos de cosmético de la Avon, en vitrinas. Contenta por que hará posible esta mejora en corto tiempo.
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.