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Bolivar
Bolívar is a hard-working married man. He lives in a modest home. His current project is to complete construction of his home. He has been making improvements to it little by little. With the loan proceeds, he will buy construction materials: cement, sand, stone, blocks and wire, among other items. This is for the construction of a room.
View original language description ↓
Bolívar casado, hombre trabajador, su casa es humilde, tiene como proyecto la terminación de la construcción total de su casa, ha ido poco a poco realizando mejoras en la vivienda.
Con este ciclo de préstamo comprar materiales de construcción: cemento, arena, piedra, bloque, alambre de amarre, camisa, entre otros materiales. Para la construcción de un cuarto.

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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,384,075
    Funds lent in using Kiva
  • 22.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Bolivar purchase of construction materials.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2011
Listed
Mar 1, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012