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Walther Mauricio
Walter is a photographer by profession. He has been working in this trade for more than 16 years in order to get his family ahead in life. Walter is married and has three children. His wife sells clothes and together they support each other so that they are able to balance their expenses.

Walter has been able to improve his home through loans from Afodenic. This is his eighth loan cycle. He has used all of his loans to improve the infrastructure of his home and this has been of great benefit to his family.

As a father, Walter would like a better home for his children. For this reason, he pushes himself to work more and more every day, acquiring more customers and visiting more places, as there is a lot of competition.

What Walter will do with this new loan is replace his door and window with grilles as they are very old and worn. He will also buy a toilet to achieve better hygiene for his household.
View original language description ↓
El señor Walter, de profesion fotografo, con mas de diezciseis años, trabajando, para lograr salir adelante con su familia, casado, padre de tres hijos, su esposa es comerciante de ropa y juntos se apoyan para lograr el equilibrio en los gastos.
Atraves de los financiamientos de Afodenic, es que ha sido posible la mejora a su vivienda, siendo el octavo ciclo, todos para infraestructura, lo que ha sido de gran beneficios para su familia.
Como padre desea un mejor techo para sus hijos, es por tal razon que dia a dia se esfuerza a trabajar mas, logrando la captacion de mas cliente, y visitar mas lugares ya que la competencia es mucha.
Lo que hara con este nuevo prestamo sera el cambio de puerta y ventana con verjas,ya que estan muy viejas por el uso de los años, tambien comprara un inodoro para lograr mejor higiene.

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
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,551,600
    Funds lent in using Kiva
  • 22.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Walther Mauricio to replace a door and window, and to buy a toilet so that he can achieve better hygiene for his family.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 13, 2011
Listed
Aug 25, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013