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View original language description ↓
Manuel is a refrigerator technician and lives in the Laureles Sur district. He is the only one who works and he supports his family. He would like to build a room for his children because the condition in which they now live is uncomfortable. He hopes that the new room will give them more comfort and improve their living situation.

Translated from Spanish by a Kiva volunteer.

Manuel es Técnico en refrigeración, habita en el barrio Laureles Sur. es el único que trabaja y es el que lleva el sosten a a su familia. Desea hacer un cuarto para uno de sus hijos, ya que las condiciones en que actualmente se encuentran es muy incómoda. Espera que el cuarto pueda brindarles un poco más de comodidad y mejorar las condiciones en que habitan.

Additional Information


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
  • 76
    View loans »
    Nicaragua Loans Fundraising
  • $25,420,300
    Funds lent in using Kiva
  • 18.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Manuel to purchase construction materials to build a room.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 3, 2008
Dec 19, 2007
Currency Exchange Loss:
Jan 15, 2009