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Donald Rogelio
Donald is a father to three children, who are students and he works hard to be able to give a professional education to his children so they enjoy a better future. He is by trade an industrial electrician and he works on his own, by contract. Today he doesn't have work but he helps with the grocery store business that his wife manages which helps to pay for basic expenses and food. He has opted for loans from Afodenic eight times, thus improving his house. He is happy to be able to obtain better living conditions. He will build a bathroom and a pantry for better hygiene and order in his home. The materials to buy to start the work are: blocks, sand, cement, iron, zinc sheets.
View original language description ↓
Don Donald es un padre de tres hijos estudiantes, y que se esfuerza para poder dar una educación profesional a sus hijos, para que gocen de un mejor porvenir él es de oficio, electricista industrial y trabaja por cuenta propia por contrato, hay día, que no tiene trabajo pero se ayuda con el negocio de su pulpería que administra con su esposa. Lo que se ayudan para solventar los gastos básicos y alimentación.
El ah optado al financiamiento en Afodenic con ocho ciclos, lo que ha mejorado su vivienda, el cual está contento por poder obtener mejores condicione de habitacional, lo que construirá el baño y una bodega para una mejor higiene y orden en su hogar. Materiales a comprar: bloques, arena, cemento, hierro, láminas de zinc, para comenzar la obra

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
  • 124
    View loans »
    Nicaragua Loans Fundraising
  • $24,557,075
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Donald Rogelio to buy construction materials to build a bathroom and pantry, having better hygiene and order in his home.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013