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Paula Argentina
Paula lives with her husband and children in the Concepción Masaya municipality. Her plans for the future are to improve their living conditions and improve her house.

Paula has been selling fruit and vegetables at the Managua market for several years. This has been the way that she has managed to support her family.

Paula only has her working capital, and it does not cover the purchase of zinc sheeting, beams, and nails, etc. These items are to change the roof of her house because when it rains water comes in everywhere. The zinc sheeting is in very bad condition because of how old it is.

She is grateful for the support from Afodenic through a Kiva loan. With the loan she will be able to buy the materials she needs to do the job.
View original language description ↓
La señora Paula, es habitante del municipio de la Concepción Masaya, junto a su esposo e hijos, los planes hacia un futuro es mejorar las condiciones de vida y mejorar su vivienda, doña Paula desde hace varios años se dedica a vender frutas y verduras en el mercado de Managua , ya que con estos ah logrado mantener a su familia , doña Paula cuenta solo con su capital de trabajo y no le ajusta para la compra de zinc , perlines , clavos , etc. , para cambiar el techo de su vivienda ya que en tiempos de lluvia entra por todos lados el agua ya que está bien maltratado el zinc por los años de uso que lleva , Agradece el apoyo que le brinda Afodenic atrávez de los fondo Kiva para que pueda compra los materiales que necesita para realizar la obra .

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

  • $3,636
    Average annual income
  • 130
    View loans »
    Nicaragua Loans Fundraising
  • $24,053,975
    Funds lent in using Kiva
  • 22.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Paula Argentina to buy zinc sheeting.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 8, 2011
Listed
Aug 19, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012