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Walter Jose
Walter is 29 years old and single. He has been a worker in the city hall in Juigalpa for 11 years. He is asking for his 4th loan to purchase materials to build a small room in his parents' house. His biggest dream is to own his own home for when he has a family so that he can provide them with a good quality of life.
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Walter de 29 años de edad es soltero, labora para Alcaldia de Juigalpa como obrero desde hace 11 años. Esta solicitando su 4to credito con el objetivo de comprar materiales para construir un pequeño cuarto en casa de sus padres. Su mayor sueño es podertener su propia vivienda para cuando tenga su familia brindarle mejores condiciones de vida.

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 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
  • 95
    View loans »
    Nicaragua Loans Fundraising
  • $24,742,900
    Funds lent in using Kiva
  • 22.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Walter Jose to build a room.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2011
Listed
Jun 13, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012