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Lesbia De Los Angeles
Lesbia continues to administer her restaurant that has taken years to build up sales. Her sons continue growing and studying. Her husband continues working as an electrician and always supports the family.

For both of them the goal has been the building of their house, and they have succeeded with their own savings and with the loans that Afodenic has given previously, in order to put in windows and roofing of good quality.

Now they can not afford to buy doors, windows and fences which is why they are asking for this loan, in order to have better living arrangements and more security in their home.
View original language description ↓
Doña Lesbia sigue administrando su comedor, el cual lleva años con las ventas, sus hijos siguen creciendo y estudiando. Su esposo sigue laborando como electricista y siempre apoya a su familia.
Para ambos el proposito ha sido, la construccion de su casa, en donde lo han logrado, con ahorros propios y financiamiento que Afodenic ha dado, con el credito anterior, puso techo y ventana no de buena de calidad por que ya no alcanzo el dinero, es por eso con este nuevo financiamiento podra comprar puerta y ventana y las verjas, teniendo mejor calidad y seguridad en su casa.

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
  • 79
    View loans »
    Nicaragua Loans Fundraising
  • $23,617,600
    Funds lent in using Kiva
  • 22.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Lesbia De Los Angeles to buy doors, windows and security grating for the windows to upgrade living conditions and security.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2011
Listed
Oct 10, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012