Denis De Los Angeles
Denis has been making improvements to his home through loans from Afodenic because he is able to repay in installments and so balance his expenses. Two of his children still live with him. Denis will use this new loan to improve his roof because it has deteriorated over the years and water is seeping in during the winter. He will buy sheets of metal and anti-corrosive paint to make the improvement. This will contribute to his family's well-being.
Las mejoras a su casa la ah venido haciendo con préstamo otorgados en Afodenic, lo que le ha resultado por ser a plazos, equilibrando sus gastos, aun dos de sus hijos viven con él. Con este nuevo préstamo, va a mejor su techo, ya que esta en malas condiciones por el uso de los años, pasándosele el agua, en esta temporada de invierno. Comprara láminas de zinc y pintura anticorrosiva, para hacer el cambio. Para el bienestar familiar.
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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