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.
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.
About AFODENICThis 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.
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Success!! The loan was 100% repaid