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Agustin
Don Agustin, age 40, is single and has one school-aged child. He has worked in the MINSA del Rama for 17 years as a nurse's assistant. He is requesting his sixth loan to continue improving his home, this time raising 2 walls. He has the foundation; with his previous loan he was able to tile his house where there was previously dirt. His greatest dream is to improve his home bit by bit in order to be able to offer his family greater comfort.
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Don Agustin de 40 años de edad es soltero, tiene un niño en edad escolar, trabaja en el MINSA del Rama desde hace 17 años como auxiliar de enfermeria.

Esta solicitando su 6to credito para seguir mejorando su vivienda, esta vez levantando 2 paredes, pues tiene hecho los arranques; con el credito anterior logro embaldosar su casa que anteriormente era de tierra.

Su mayor sueño es poco a poco ir mejorando su vivienda para poder brindarle a su familia mayor comodidad.

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

  • $3,636
    Average annual income
  • 131
    View loans »
    Nicaragua Loans Fundraising
  • $24,053,975
    Funds lent in using Kiva
  • 21.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Agustin to raise walls.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011