Check out some available loans that are similar to this one!
Ramón is a hard working father who wants to support his four children. He’s been working with loans to make improvements to his home.

He’s been working in security for several years and has been using his salary to make repairs to his home little by little, and pay other expenses.

He will use the money from this new loan to finish building a wall that he started. This will close off a room he is building, but it will still need a roof. He will use the money to buy zinc metal sheeting, solder, and other materials. He is happy because every day gets better, thanks to this loan through Afodenic.
View original language description ↓
Ramón es un padre de familia trabajador, con el fin de poder apoyar a sus cuatro hijos, ha venido trabajando con préstamos para lograr hacer las mejoras a su casa.
Trabaja en servicios de seguridad, desde hace varios años, y por su salario viene haciendo las reparaciones poco a poco, ya que tiene que cubrir otros gastos.
Con este nuevo préstamo terminara de cerrar el muro que comenzó hacer, y que le beneficio para cerrar todo, el cual le queda como muro y cerrara un cuarto y necesita poner el techo lo que con este préstamo comprara: láminas de zinc, perlines, golosos, soldadura para poder tener más espacio.
Lo que está contento por lograr cada día la mejora. Gracias a los financiamiento que Afodenic le ha otorgado.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Nicaragua

  • $4,800
    Average annual income
  • 76
    View loans »
    Nicaragua Loans Fundraising
  • $25,413,450
    Funds lent in using Kiva
  • 22.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Ramon to buy building materials.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Apr 9, 2011
May 6, 2011
Currency Exchange Loss:
Dec 15, 2012