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Eusebio Alfonso
Eusebio is a hard-working man who's 55 years old and the father of 6. He has little money and to date, has not been able to construct a concrete home. Most of his jobs have had very low pay so he has only been able to afford food. He has worked as a security guard in a local casino for the past year and he receives a pension from his prior job as a policeman.

His wife also works doing laundry in order to help with basic expenses like water, electricity and basics for the children. Eusebio gives part of his pension to his oldest son to support his university studies so he can get a better education which will hopefully help the other children in the future.

He would like to buy constuction materials to start to put up concrete walls little by little for his home and put up a better roof. He will buy bricks, sand, cement, and steel and he will start the work.
View original language description ↓
Don Eusebio es un hombre trabajador, de 55 años de edad, es padre de familia de seis hijos, y de pocos recursos económicos, pues a la fecha no ha logrado construir su casa de concreto ya que los trabajos que ha tenido han sido con sueldos bajos que solo ajusta para la alimentación. Trabaja como guarda de seguridad en un local de tragamonedas, desde hace un año, ya que el recibe una pensión de su trabajo anterior en la policía nacional.

Su esposa también trabaja en lavado y planchado para lograr ingresos para ajustar con los gastos básicos de agua, luz, y gastos de los niños. Parte de la pensión que recibe don Eusebio, da a su hijo mayor el pago de universidad para que pueda lograr una mejor educación, como lograr ayudar a sus hermanos en el futuro.
Su objetivo es comprar materiales de construcción para comenzar a levantar las paredes de concreto poco a poco hasta poder terminar su casa y lograr un mejor techo.
Para esto comprara: bloques, arena, cemento, hierro. Y comenzara la obra.

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

  • $4,800
    Average annual income
  • 132
    View loans »
    Nicaragua Loans Fundraising
  • $24,558,975
    Funds lent in using Kiva
  • 21.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Eusebio Alfonso purchase construction materials like bricks, sand, cement, and steel to put up concrete walls for his home and put up a better roof.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2010
Listed
Jul 1, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011