Check out some available loans that are similar to this one!
Petronila
Petronila is a single mother. Her chidren are already adults and live independently. She used to work washing and ironing clothes. She now works as a housekeeper and her children help her. She has rooms to rent as well which provide extra income to cover expenses. Her home is humble and little by little she has made improvements with loans. The loan she is requesting will be used to purchase construction materials: cement, sand, iron, roof beams, concrete blocks, and zinc plates to construct an addition to her home that will be a kitchen.
View original language description ↓
Petronila madre soltera, sus hijos ya son mayores e independientes anteriormente trabajaba lavando y planchando, ahora trabaja como domestica, sus hijos le ayudan y tiene cuartos de alquiler los cuales son ingreso extra para cubrir los gastos. Su vivienda es humilde y poco a poco ha ido realizando mejoras mediante el financiamiento.
El préstamo que solicitad será para compra materiales: cemento, arena, hierro, perlines, bloques, laminas de zinc para construir el anexo que será la cocina de la vivienda.

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
  • 174
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • 22.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Petronila to improve the infrastructure of her home.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2011
Listed
Apr 1, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012