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Francisco
Francisco M. M., 52, is married. His wife contributes to household expenses working as a clothing and shoe merchant. They have been in this line of work for 10 years and it’s been the source of income and support for the family.

They currently live in a humble abode. With help from his wife they have built a new home and this month they raised the walls.

They are requesting a loan to finish this project and to move forward with the home improvements.

This investment will provide the family with a much more appropriate and proper home for their socio-economic development.
View original language description ↓
El szeñor Francisco M. M., tiene la edad de 52 años, es casado y su esposa le apoya en los gastos del hogar laborando como comerciante de ropa y calzado, ellos se dedican desde hace 10 años a esta actividad y a sido su fuente de ingresos y el sustento diario de su familia.

Actualmente habitan en humilde hogar, y con el esfuerzo de su pareja y él, han construido su nuevo hogar y en este mes realizaron las levatamiento de paredes y solicitan un prestamo terminar este proceso y avanzazr en gran medida las remodelaciones, esta inversion le permitira ofrecerle a su familia una vivienda mas optima y digna para su mejor desarrollo socio economico.

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
  • 129
    View loans »
    Nicaragua Loans Fundraising
  • $24,575,325
    Funds lent in using Kiva
  • 21.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Francisco for home improvements.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 9, 2010
Listed
Jul 13, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011