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Dionicio Guadalupe
By profession, Dionicio is a taxi driver with over 22 years’ experience. He owns the taxi. His children are adults and his wife is a clothing and shoe merchant.

Dionicio has improved his house’s infrastructure quite a bit. With previous loans he managed to finish the walls and with savings and part of the Afodenic loans also the house itself which he’s quite advanced with. What he’ll do with the next loan is to install sixty meters of tile leaving only small details still pending to improve his family’s conditions.
View original language description ↓
Don Dionicio de profesion cadete de taxi, con mas de veinti dos años de experiencia, el taxi es de su propiedad, sus hijos son mayores y su esposa es comerciante en venta de ropa y zapatos.
Don Dionicio ha mejorado mucho la infraestructura de su casa, con los creditos anteriores logro terminar el muro de su casa. y con ahorros y parte de los prestamos en Afodenic tambien su casa, la lleva bien avanzada. Lo que hara con este nuevo prestamo es poner cesenta metros de ceramica, quedando solo detalles pequeños para pasarce. Y poder estar mejores condiciones con 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 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
  • 151
    View loans »
    Nicaragua Loans Fundraising
  • $23,166,475
    Funds lent in using Kiva
  • 22.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Dionicio Guadalupe to buy tile for his living room.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 13, 2011
Listed
Aug 20, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012