Aura has the financial assistance of her children, which gives her great satisfaction. The loans from AFODENIC have been used for home improvements. With her previous loan, she was able to add a room at the back of her house by purchasing concrete and wood.
Today she will use her new loan to make improvements to her kitchen, which is in very bad shape. The floorboards are quite old and need to be pulled up in order to start from scratch. Aura will buy materials such as wooden planks, nails, lumber, and other supplies so that she can improve the condition of her home.
Cuenta con la ayuda economica de sus hijos, lo que para ella es de gran sastifaccion. Los prestamos en Afodenic, han sido para las mejora a su vivienda con el credito anterior logro hacer un cuarto en la parte de atrás de concreto y madera.
Hoy con este nuevo financiamiento mejorara la cocina que esta en muy mal estado ya que las tablas estan bastante vieja, lo que levantara desde el aranque para que quede buena,comprara materiales en tabla de madera, clavos, cuartones y otros, logrando estar en mejores condiciones de vivienda.
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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