Through these loans she’s managed to do some home improvements. Her family supports each other; her husband continues working as a photographer and her daughter, who works as a physician, also helps out economically.
She used the previous loan to replace the roof and build concrete walls. Now, with this new loan she will start adding a room to the rear of the patio for more space and privacy since her three children still live at home.
Atrave de estos financiamiento, ha logrado la mejora habitacional, que junto con su familia, se apoyan entre si, su esposo sigue con su trabajo de fotografia, asi mismo cuenta con el aporte economico de su hija, quien labora como medico. Con su credito anterior logro el cambo de techo, y levantar paredes de muro. Hoy con este nuevo financiamiento comenzara la construccion de un cuarto en la parte de atrás del patio, teniendo mayor espacio y privacidad, ya que sus tres hijos viven en la casa.
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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