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Arly Antonio
Arly is a hard worker in the industrial mechanical trade, with twelve years of experience. He also owns sewing machines and has the support of his wife who is a seamstress.

Together they have been building their house and with previous loans were able to start on the porch. Through the Afodenic loans, which offered payment terms meeting their expectations, they were able to make the home improvements done so far.

With the new loan they plan to finish the porch so that it is completely closed off. To do this they need to buy construction materials such as bricks, cement and steel.
View original language description ↓
Arly es un hombre trabajador, de oficio mecánico industrial, con doce años de experiencia, y también posee sus maquinas para hacer costura, el cual cuenta con el apoyo de su esposa quien es costurera.
Juntos han venido logrando la construcción de su casa, con el crédito anterior lograron avanzar con el porche, ya que ha venido haciendo estas mejoras por medio del financiamiento de Afodenic quien ha dado una mejor vivienda atreves de sus préstamos con plazos que satisfacen sus expectativas.
Con este nuevo préstamo lograra la terminación de su porche ya que cerrara por completo. Para esto comprara materiales de construcción como: bloques, cemento, hierro

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
  • 132
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 21.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Arly Antonio to buy construction materials such as bricks, sand, cement and steel to finish the porch.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 9, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012