As she has paid back these previous loans, she would now like to improve her house as it is very unsafe and made of old zinc, so she wishes to improve the infrastructure and will start with constructing concrete walls little by little as the construction costs are very high.
She will buy stone, blocks, sand, cement, iron, and tables to begin the work.
Hoy que ya cancelo su crédito, está optando por hacer mejora a su casa, siendo muy insegura y de zinc viejo, el cual desea mejorar la infraestructura en comenzar a construir el arranque de concreto hasta donde llegue, en donde irá por parte ya que los materiales de construcción están ah altos costos. Materiales a comprar: piedra, bloques, arena, cemento, hierro, tablas y comenzar la obra.
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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