Check out some available loans that are similar to this one!
Freddy Alonso
Freddy Alonso works a technician for the Ministry of Small Enterprise, and his life companion works as a high school teacher at Rubén Dario School. Both are working people who have struggled to gradually improve their living conditions and those of their family.

He requires this loan in order to install the electricity in his new home, and in addition to enclose it with a wire fence to provide greater security for his property.

His dream is to move into his lovely home and continue studying to be a professional with a great deal of experience.
View original language description ↓
Freddy Alonso trabaja como tecnico de Propemce, su compañera de vida se desempeña como docente de secundaria en el Instituto Rubèn Darìo, ambos son trabajadores que han luchado poco a poco por mejorar sus condiciones de vida y de su familia. Este credito lo requiere para poder instalar la luz de su nueva casita, y ademas cercarla con alambre para brindar mayor seguridad a su propiedad. Su sueño es pasarse a su linda casita y seguir estudiando para ser una profesional con mucha experiencia.

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 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.

About Nicaragua

  • $3,636
    Average annual income
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $24,035,950
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Freddy Alonso to install electricity.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 27, 2012
Listed
Aug 3, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013