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Elieth De Los Angeles
Elieth is 25 years old. She is single and lives with her parents. She works as an administrative assistant in a construction company. She has had the moral and financial support of her parents, which why she is now stable in her career and will begin to make improvements to their home, which is a very basic construction.

She plans to finance the construction through loans from Afodenic and will repay using an affordable payment plan. She will begin by constructing her room in concrete since it is currently made of sheets of zinc, resulting in better security and hygiene. To start construction she needs to purchase cinder blocks, cement, sand, and iron.
View original language description ↓
Elieth tiene la edad de 25 años, es soltera y vive junto a sus padres, trabaja como asistente administrativo en una empresa constructora, ha tenido el apoyo moral y económico de sus padres, es por tal razón, ahora que se ha estabilizado con su trabajo comenzara hacer las mejoras a su casa, ya que es de condición muy sencilla. El cual hará esta obra con financiamientos otorgado en Afodenic, al ser a plazos accesibles, comenzara por su cuarto al poder hacerlo de concreto, ya que es de láminas de zinc, teniendo seguridad y una mejor higiene. Materiales a comprar. Bloques, cemento, arena, hierro, para comenzar la construcción.

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
  • 108
    View loans »
    Nicaragua Loans Fundraising
  • $23,737,400
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Elieth De Los Angeles to purchase construction materials like cinder blocks, cement, and sand to begin building concrete room.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2012
Listed
Sep 1, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013