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Mario Alberto
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Mario is 52 years old and lives in the Reconciliacion Villa. He's married and has 3 children. His wife, who has always been a great help to him, works in a cafeteria, and he works doing public transportation since from 8 years ago. Currently he is owner of a refrigeration plant, and through his many responsibilities, they have gotten ahead. With hard work and good financial habits, they have made improvements to their humble home. Now he is requesting a loan in order to further improve his house. This is how this gentleman has improved his quality of life and has made his small home better for his family.

Translated from Spanish by Mayra Gould, Kiva volunteer.







Mario de 52 años de edad vive en Villa Reconciliación casado y con 3 hijos, su esposa que siempre ha significado un valioso apoyo para él, trabaja en un cafetín y él de transportista desde hace 8 años, es dueño de un taller de refrigeración y es en sus múltiples actividades que han logrado salir adelante, con esfuerzo y buen comportamiento de crédito han mejorado su humilde vivienda. Solicita un crédito para realizar una mejora en su casa. Así este señor ha ido mejorando calidad de vida y haciendo de su pequeña vivienda un hogar agradable para su familia.

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 Nicaragua

  • $4,800
    Average annual income
  • 123
    View loans »
    Nicaragua Loans Fundraising
  • $24,546,650
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Mario Alberto to purchase construction materials to improve his home. (Comprar materiales de construcción para su vivienda).
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 14, 2008
Listed
Mar 26, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009