Elba is a woman who has fought so that her children lack nothing even though she gets no support from the children’s father. She makes sure to provide them with the basics. She is well liked by her students and their parents.
She is asking for her second loan to install metal grates on her house’s porch so that her children won’t go out into the street when she’s not home. This will also provide better security to her home.
It’s important to mention that this client has only worked with Afodenic. She does not have any loans any place else and she has met her monthly repayment obligations quite well.
Her dream is to provide the best for her children and to prepare them professionally.
Su mayor sueño es brindarles lo mejor a sus hijos y prepararlos profesionalmente.
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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