Now her two children work and help support her. Her little house is plain and very deteriorated, she will begin to rebuild it out of concrete, starting it when she can get the materials. This will be possible with the financing of Afodenic, and she hopes to proceed in a short time to have a secure and dignified home.
Hoy en día sus dos hijos trabajan, y la apoyan. Su pequeña casa es sencilla y ya muy deteriorada, lo que comenzara hacer en concreto, haciendo el arranque, hasta donde alcance los materiales, siendo posible con financiamiento en Afodenic, y que espera avanzar en corto plazo, para una vivienda segura y digna.
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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