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Jose Filadelfo
Jose, who is a hard and honest worker, has plans with his wife to make sure their children become professionals. He wants to improve his home's infrastructure and will use the loan to buy construction materials such as: cement, sand, profiles, blocks, quarry stones, liners, gravel, studs, bricks, planks, iron and blinds, among other things. He is grateful to the institution for the support which will allow him to improve his lifestyle and ensure his family's comfort and safety.
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Jose trabajador, honesto, junto a su esposa tiene los planes de que sus hijos se profesionalicen. Tiene como proyecto mejorar la infraestructura de su casa. El préstamo será invertido en la compra de materiales de construcción como: cemento, arena, perlines, bloques, piedras cantera, camisa, piedrines, golosa, ladrillo, tablones, hierro, persiana entre otros materiales. agradeciendo a la institución por el apoyo al desarrollo del nivel vida, mejorando la comodidad, seguridad de su familia.

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

  • $4,800
    Average annual income
  • 95
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 22.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Jose Filadelfo to buy construction materials.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2011
Listed
Jun 24, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012