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Gelser Francisco
Gesler is married and his wife sells cosmetics from catalogs. His plan for the future is to have his own house, since he currently lives with his son and his wife in a room in his mother-in-law’s house. With this motivation, he has used his savings to buy 100 stones to begin building his house, but he now finds himself in an economic situation such that he doesn’t have the resources to continue building. He has been working for two years at a private company as a material coordinator, but his income isn’t sufficient to build the house. So, he is requesting the loan in order to achieve his dream of building his house. The requested loan is for buying the following materials that he needs: cement, sand, cement blocks, wire, rebar, tin roofing and wood boards.
View original language description ↓
El joven Gelser es casado, su esposa es comerciante de cosméticos por catálogos, sus planes futuros es tener su propia casa ya que actualmente habitan con su hijo y esposa donde su suegra en un cuarto, con tal motivo de sus ahorros logro comprar 100 piedrines para iniciar la construcción de su casa, pero se encuentra con el gran problema económico que no cuenta con los recursos para seguir avanzando, hace dos años trabaja en una empresa privada como responsable de bodega pero su salario no es suficiente para realizar la construcción, por lo que solicita apoyo de crédito para cumplir el sueño de ver construida su casita. El crédito solicitado es para comprar los siguientes materiales de construcción que le hace falta, como lo son: cemento, arena, bloques, alambre de amarre, hierro, zinc y tablones.

Additional Information


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
  • 98
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 23.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Gelser Francisco cement, sand, cement blocks, wire, rebar, tin roofing and wood boards.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Aug 24, 2012
Oct 1, 2012
Currency Exchange Loss:
Sep 18, 2013