Among the most basic needs that the family has is the renovation of their home. To do this they are requesting a loan to replace the roof of their house, since it is in terrible shape and threatens the security of the family. With this economic support they hope to improve the living conditions of the entire family, most of all for their young children who spend much of their time in the home.
Dentro de las necesidades más primordiales que tienen como familia, esta la remodelación de su hogar para esto ellos solicitan un préstamo para el cambio de techo de la vivienda, debido a que se encuentra en pésimo estado y amenaza con la inseguridad familiar, con este apoyo económico esperan mejorar sus condiciones de vida que favorezcan toda la familia, sobre todo a los hijos menores que son los que habitan todo el tiempo en el hogar.
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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