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Pedro Socorro
Pedro, 40, is married and has two sons who are 15 and 12 years of age; both are students. His wife is a housewife.

Pedro has worked for the Ministry of Education as an elementary school teacher for 16 years. He started out teaching rural children for free through the Catholic Church. Later on he was able to secure a paid teaching position with the Ministry of Education since his vocation is teaching.

He is asking for his second loan to repair two walls in his house that are in poor condition.

His greatest wish in life is to have employment stability, that his children study and become upstanding citizens and to improve his family’s living conditions.
View original language description ↓
Don Pedro de 40 años de edad es casado, tiene 2 niños de 15 y 12 años de edad los dos estudian, su esposa se encarga de los quehaceres del hogar. Pedro trabaja para el Ministerio de educacion desde hace 16 años como docente de primaria, inicio dando clases a niños campesinos de manera gratuita por medio de la iglesia catolica, posteriormente logró conseguir una plaza de docente en el MINED pagado por el gobierno ya que su vocacion es la docencia.

Està solicitando su 2do credito para reparar dos paredes de su casa que se encuentran en mal estado de su casa ya que se encuentran en mal estado, su mayor sueño en la vida es tener estabilidad laboral, que sus hijos estudien y sean hombres de bien y mejorar sus condiciones de vida de su 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 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.

About Nicaragua

  • $4,800
    Average annual income
  • 134
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 21.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Pedro Socorro for wall repair.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012