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Jenny Agustin
Jenny is a hard working woman. She is a teacher by profession and this has been her regular job. She is also a merchant, selling clothes and shoes. She has three children and a husband, who is also a teacher.

Together they have been able to build their house and support their children. With the financing the institution has given them, they have been able to make improvements on the home.

She has a project finishing a wall and there is only one part left to do. The objective of this loan is to buy construction materials such as: iron, cement, gravel, sand and stone. By finishing the wall, there will be more security. She is happy with the support she has received to do this project since it is difficult to pay for everything upfront because it is all so expensive.
View original language description ↓
Doña Jenny es una mujer trabajadora, de oficio maestra el cual ha sido su trabajo fijo, también comerciante, de ropa, zapatos, con tres hijos, y su esposo el cual trabaja también como docente.

Juntos han logrado hacer su casa, apoyar a sus hijos, y con los financiamientos que la institución ha dado, ha logrado las mejoras de la casa.
Tiene en proyecto la terminación de un muro solo le falta una parte, el cual el objetivo de este préstamo es para comprar materiales de construcción como: hierro, cemento, piedrin, arena y piedra.
Logrando a si terminar su muro que será de una mejor seguridad.
Contenta por el apoyo que ha recibido para hacer este proyecto ya que es difícil hacer todo al contado por lo caro que esta todo.

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
  • 63
    View loans »
    Nicaragua Loans Fundraising
  • $23,461,725
    Funds lent in using Kiva
  • 21.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Jenny Agustin to purchase construction materials such as: stone, sand, cement and iron to finish building a wall, which will provide more security for the family.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2010
Listed
Aug 3, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011