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.
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.
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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