Ubalda is a 24-year-old young lady who has professional training in accounting, is married, and who has many goals for the future. She tells us that her age hasn't been an obstacle to allowing her to set goals for herself and become independent, rather she has taken advantage of her youth to have a bright future. She currently works as a receptionist in one of her country's state businesses, but her salary is not sufficient to cover her expenses as everything has gone up. That is why she currently has a business in her own home in the form of renting out two rooms. This business has generated extra income for her in addition to her salary and the support she receives from her husband. As this is her first loan cycle, she explains that her reason for taking out this loan is to fit out the rooms she rents with the goal of having them be her main source of income. Also, by offering her tenants better conditions, she will be able to increase rent. Her plan for the future is to finish her studies and become a certified accountant in order to seek out better employment opportunities.
Ubalda es una joven de 24 años de edad con una profesion tecnica en contabilidad, casada, y con muchas metas a futuro. Expresa que su edad no ha sido un impedimento para ella poder proponerse metas e independisarse; sino que al contrario aprovechando su juventud para tener un futuro brillante. Actualmente labora como conserge en una de las empresas del Estado de nuestro pais, sin embargo su salario no es tan remunerativo para cubrir sus gastos ya que todo ha aunmentado, es por ello que hoy en dia es en su propia casa de habitacion donde cuenta con su negocio como lo es el alquiler de dos habitaciones, negocio que le ha generado ingresos extras ademas de su salario y el apoyo brindado por su señor esposo. Siendo este su primer ciclo de financiamiento destaca la razon de su credito, el cual lo utilizara en el acondicionamiento de las habitaciones que alquila, con el objetivo de que sean estas su principal fuente de ingresos y de esta manera de que los inquilinos gocen de mejores condiciones y ella pueda aumentar el precio de arriendo. Su plan a futuro es finalizar su carrera y convertirse en una Lic. En Contabilidad para aspirar a mejores ofertas de empleo.
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.