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Jose Vidal
José is married and his wife is a housewife. He works as a welder. His plan is to start his own welding shop. He has been working for a private company for a long time. There is insecurity in the area where he lives. This being an important factor for his family, he needs to improve the infrastructure of his house.

With the loan José will buy construction materials such as cement, sand, gravel, purlins, cinder blocks, quarry stones, zinc metal sheets, screws, braces, and bricks, among other materials for the construction of a room on the back part of his property to obtain comfort and security for his family.

He thanks the bank for its support in the development of his social standing.
View original language description ↓
José casado, su esposa ama de casa, el cliente de profesión soldador sus planes es iniciar su propio taller de soldadura. Trabaja para una empresa privada desde hace tiempo. En la zona donde vive existe inseguridad. Siendo un factor importante para la familia el cliente requiere mejora la infraestructura de la vivienda.
Con el préstamo comprar materiales de construcción como: cementó, arena, piedrines, perlines, bloques, piedras canteras, laminas de zinc, golosas, estribu, ladrillos, entre otros materiales para la construcción de un cuarto el cual quedara en la parte trasera de la propiedad. obteniendo comodidad, seguridad para su familia.
Agradece a la financiera por el apoyo al desarrollo de su nivel social.

Additional Information


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
  • 89
    View loans »
    Nicaragua Loans Fundraising
  • $24,396,400
    Funds lent in using Kiva
  • 22.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Jose Vidal to buy construction materials.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jul 28, 2011
Sep 3, 2011
Currency Exchange Loss:
Aug 16, 2012