He needs to make improvements to his house, such as laying a floor, making room divisions, and improving the doors. His job is not easy; he is tired. Luckily, he can count on the help of his wife. He has bought materials such as flooring and cement for the house, but he still needs more material and he hopes to get the improvements done soon in order to have better hygiene in his home.
With this loan, he will buy tools to help him with his daily work, such as: a handsaw, a plane, and a welder, among others. These cost a lot and he has not managed to buy them on his own; thus, he will buy them with this loan.
Hacen falta mejoras en su casa como poner el piso, hacer divisiones, mejorar las puertas. Su trabajo no es fácil, es cansado. Lo bueno es cuenta con el apoyo de su esposa. Tiene materiales comprado como: piso y cemento para poner en su casa, pero aun le hace falta material el cual espera poder pegarlo pronto y lograr una mejor higiene en su hogar.
Con este financiamiento comprara herramientas que le ayuden en su labor cotidiana, como: cerrucho, cepillo, maquina de soldar entre otros, ya que son de altos costos y no logra comprarlas de un solo, es por eso compra a trabes del financiamiento.
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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