He is married, the father of two children, one 2 years old and the other 9 years old, the oldest studies at primary school and his wife sells cosmetics, being a help to the house. He is a simple man, his house is made of zinc and this is why he is opting for financing that can be be repayed in easy installments, which will help him to distribute his costs. This loan will be used to purchase construction materials like stone, blocks, cement, sand and iron in order to begin to make the entrance out of concrete, as far as the purchased materials will let him and continue in this fashion little by little. Maynor is happy to begin the improvements to his home and have better security and hygiene in the home.
Casado, padre de dos hijos de dos años y 9 años, estudia el mayor la primaria, su esposa vende cosmético siendo de ayuda en su hogar. El es un hombre de condición sencilla, su casa es de zinc y es por tal razón está optando al financiamiento siendo a plazos accesibles lo que le permite distribuir sus gastos. Este préstamo será utilizado para comprar materiales de construcción en piedra, bloques, cemento, arena, hierro para comenzar hacer la casa de concreto el arranque, hasta donde llegue el material, e ir por parte. Siendo lo más viable. Maynor se siento contento por iniciar las mejoras al tener mejor seguridad e higiene en su hogar.
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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