Check out some available loans that are similar to this one!
Jorge Adrian
Jorge is single and has children who are students. This hardworking gentleman has plans to offer his family better living conditions. He has been a lathe mechanic by profession for quite some time and started in this trade with the help of his father and brother. He intends to expand his workshop so that he can serve more customers.


Jorge will use this loan to purchase construction materials such as cement, sand, gravel, blocks, quarry stone, bricks, doors, PVC tubes, and other materials so that he can build a toilet facility. He is grateful for the financial support he has received so that he can develop his business and improve his standard of living.

View original language description ↓
Jorge soltero sus hijos estudiantes, hombre trabajador sus planes familiares es ofrecerle un mejores condiciones de vida. De profesión mecánico de tornero desde hace un tiempo iniciándolo con apoyo de su padre y hermano. Proyecto ampliar el local para atender más clientes.
Con el préstamo comprara materiales de construcción como. Cemento, arena, piedrines, bloques, piedras canteras, ladrillos, puertas, tubos pvc entre otros materiales. Para la construcción de los servicios sanitarios.
Agradece a la financiera por el apoyo al desarrollo de su negocio y al mejorar su nivel de vida.

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
  • 131
    View loans »
    Nicaragua Loans Fundraising
  • $24,035,950
    Funds lent in using Kiva
  • 22.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Jorge Adrian to purchase construction materials for building a toilet facility.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 18, 2011
Listed
Sep 16, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 16, 2012