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Diego Manuel
Diego is 55 years old. He lives with his life's companion and she works as a domestic employee. They have a daughter who depends on him. He has worked cleaning for the town of Juigalpa for 16 years. He has been struggling to do construction and remodeling on his house with loans from Afodenic. He acquired his house with a lot of sacrifice. He is asking for the loan to do home improvements. He intends on buying quarry stones because his house is made of wood and zinc. He also is going to build a latrine and in this way improve his quality of life and health for him and his family. This way he can make his dreams come true.
View original language description ↓
El sr. Diego de 55 años de edad, es acompañado, su compañera de vida trabaja como domestica, tiene una hija que depende de el. Trabaja en el area de limpieza para la Municipalidad de Juigalpa desde hace 16 años, ha venido luchando con creditos anteriores que le ha dado afodenic mismos que los ha aprovechado para la construccion y remodelacion de su vivienda que con tando sacrificio ha adquirido. Solicita el credito para destinarlos a mejoras de vivienda pues pretende comprar piedras canteras ya que su casa es de madera y zinc y tambien para la construccion de una letrina, y así mejorar las condiciones de vida y salud de él y su familia de esta forma ver realizados sus sueños.

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
  • 70
    View loans »
    Nicaragua Loans Fundraising
  • $23,505,525
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Diego Manuel to do home improvements.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2012
Listed
Sep 1, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013