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Walter Jose
Walter lives in the town of Ticuantepe with his wife, who works as a merchant and so covers the basic household expenses. They have a five-year-old little girl who goes to school.

His desire for the future is to improve his living conditions. Walter has worked for many years as a taxi driver, a boring and slightly dangerous job. His salary isn't enough because he also has household expenses.

This is why he's coming to request a loan to be able to buy sheets of corrugated metal and wood beams to repair the roof of his house. The roof has a lot of holes and when it rains the water comes inside the house and it's very uncomfortable for them to live like this.

He hopes his loan will be approved and he's grateful for the help he's getting.
View original language description ↓
EL joven Walter habitante del municipio de Ticuantepe junto a su esposa quien labora como comerciante, ella de esa manera cubre con los pagos básicos de la casa, tienen una niña de 5 añitos de edad que va a clases, sus deseos en un futuro es mejorar sus condiciones de vida, Walter por su parte desde hace muchos años labora como cadete de un taxi trabajo pesado y un poco peligroso, su salario no es suficiente ya que también tiene gastos para el hogar es por eso que acude a solicitar crédito para poder comprar laminas de sinc y perlines, para reparar el techo de su casa, que tiene muchos agujeros y cuando llueve pasa el agua al interior de la vivienda y es muy incomodo para ellos y su peña convivir de esa manera, el espera le sea aprobada su solicitud y agradece el apoyo que le brinden.

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
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $24,035,950
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Walter Jose to buy corrugated metal and wood beams.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013