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Mario Alberto
Sr. Mario lives in the town of Ticuantepe and works as a motorcycle taxi driver. His greatest wish is to have better living conditions and to make improvements to his house. Mario’s greatest challenge is being able to raise all of the money that is required to take care of the constant household expenses.


With the loan being provided, Mario will be able to fulfill part of his dream. He will buy building materials such as blocks, cement, sand, and zinc so that the work can begin. Mario hopes to always have the support of AFODENIC and Kiva funds.

View original language description ↓
El Señor Mario Habitante del Municipio de Ticuantepe labora como cadete de una Moto taxi, su mayor sueño es tener mejores condiciones de vida y mejorar su casa, su mas grande dificultad es que se le hace muy dificil recaudar todo el dinero ya que siempre surgen gastos en le hogar. Con este financiamiento que se le esta otorgando a Mario podra cumplir parte de su sueño ya que comprar Materiales para empezar a construir. Bloques, Cemento, Arena, Zinc, el espera contar siempre con el apoyo de Afodenic y de Fondos Kiva.

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

  • $4,800
    Average annual income
  • 106
    View loans »
    Nicaragua Loans Fundraising
  • $24,828,400
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $350 helped Mario Alberto to buy blocks, cement, sand, and zinc.
99% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2012
Listed
Sep 2, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014