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Luis Felipe
Luis Felipe is a father who is very dedicated to succeeding with his family. He has two handsome children. He has worked as a master builder for twelve years. He started off as a bricklayer, obtaining a lot of experience, and today he is much more professional. He counts on his wife's economic support; she works as a stylist. Luis has been building his house bit by bit with the loans that the institution has authorized. This is his seventh loan cycle, and with this new loan he will purchase construction materials to change the electric system, and he will purchase tiles to put in the bath. He has the advantage of doing the work himself.
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Luis Felipe es padre de familia, muy dedicado a sobresalir adelante con su familia de dos hermosos hijos. Labora como maestro de obra desde hace doce años.
Iniciando como albañil, en donde obtuvo mucha experiencia, y hoy en día lo ejerce más profesional. Cuenta con el apoyo económico de su esposa quien trabaja como estilista.
Luis su casa la ido construyendo poco a poco con financiamientos que la institución ha otorgado, siendo su séptimo ciclo en donde con este nuevo préstamo comprara materiales de construcción para cambio de sistema eléctrico como compra de azulejos para poner en el baño. Con la ventaja que el mismo hace los trabajo.

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
  • 21.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Luis Felipe he will purchase materials such as: tile to put in the bath, and he will improve the electrical system.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 22, 2010
Listed
Feb 1, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011