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Concepción
Concepcion P. Aragon is 43 years old, married, and lives in the Juan Ramon Padilla Section. His wife works in the home, and they are a family of 5. The 3 children are grown, either studying or working to contribute to monthly household expenses. Mr. Aragon has been a technician for more than 15 years, providing the major source of income for the P. family. Through his own efforts, he was able to open a workshop, offering better conditions for his family. They now need to invest in the house’s infrastructure, especially the roof, which is in very poor condition, posing a threat to the safety of all family members. The loan will allow him to move forward significantly in completing work on his home. He feels satisfied with his results thus far, thanks to other Afodenic loans, for this has contributed to the well-being of his entire family.
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El Sr. Concepción P. A., tiene la edad de 43 años habita en el Reparto Juan Ramón Padilla, es casado y su esposa realiza los trabajos del hogar, son una familia de 5 miembros, sus 3 hijos son mayores estudian y trabajan para aportar a la economía doméstica de los gastos que se generan mes a mes, el señor es técnico desde hace ya más de 15 años, siendo este la principal fuente de ingresos de la familia P..

Gracias a su propio esfuerzo logro la apertura de su taller, brindando mejores condiciones económicas a la familia, ahora necesitan de una inversión a la infraestructura de su hogar, sobre todo al techo de la casa, el cual está en muy mal estado y amenaza con la inseguridad de todos los miembros de la familia, con el préstamo lograra un gran avance en la culminación de las edificaciones de su hogar, él dice sentirse satisfecho de los resultados que ha tenido, gracias a otros préstamos que ha tenido con Afodenic, pues esto ha colaborado al bienestar social de toda la familia.

Additional Information

About AFODENIC

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 Nicaragua

  • $3,636
    Average annual income
  • 116
    View loans »
    Nicaragua Loans Fundraising
  • $23,731,525
    Funds lent in using Kiva
  • 21.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Concepción to buy building materials.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2010
Listed
Apr 27, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2011