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Yamileth De Los Angeles
Yamileth has been a dressmaker for many years. Her husband works as a mechanic. In this way, they support each other so they can provide their children with what they need for their education, clothing, and food. The greatest difficulty they face is that their income isn’t enough to build an annex onto their children’s bedroom. The children sleep on bunk beds and as continue to grow one can appreciate their discomfort because of the size of their room. For this reason she is requesting her first loan, so that they will be able to expand the room. She will need to buy cement, sand, cement blocks, rebar, and wire so that they can sleep more comfortably.
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Doña Yamileth es modista hace muchos años, su esposo trabaja como mecánico ambos de esa manera se apoyan para brindarle a sus tres hijos lo necesario como los estudios, ropa y comida, la mayor dificultad que se le presenta es que sus ingresos no le ajusta para poder construir un anexo al cuarto de los niños quienes duermen en camas de dos pisos y cada vez van creciendo y se aprecia la incomodidad en ellos por el espacio del dormitorio. Por tal motivo ella está solicitando su primer crédito para poderles realizar la ampliación del cuarto por lo que necesitara comprar cemento arena bloques, hierro, alambre para que así duerman más cómodos.

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
  • 113
    View loans »
    Nicaragua Loans Fundraising
  • $23,737,400
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Yamileth De Los Angeles to buy cement, sand, cement blocks, rebar, and wire.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2013