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Henry Augusto
Don Henry works as an accountant for a pharmaceutical company to help his young children who are going to school. He wants to prepare them to become professionals so they will be able to support themselves as he is doing now. He has the support of his wife who helps him meet basic family expenses.

Henry is requesting his fourth loan in order to repair the infrastructure of his dwelling. He will use it to purchase beams and zinc sheets and pay for labor. This time he will be roofing one part of the patio of his house, because when it rains the water comes into the house and it is very uncomfortable for his children and could affect their health.
View original language description ↓
Don Henry siempre en su labor como contador de una compañía farmacéutica, trabajo con el que ha sacado adelante a sus pequeños hijos quienes van a la escuela preparándolos para que sean unos profesionales y se valgan por ellos mismos a como lo está haciendo el ahora, tiene el apoyo de su esposa quien le ayuda a cubrir con los gastos básicos de la familia. Henry está solicitando su cuarto crédito para infraestructura de su vivienda para comprar perlines, laminas de zinc y el pago de la mano de obra, esta vez realizara entechado en una parte del patio de su casa, ya que cuando llueve el agua se introduce a la casa y es muy incomodo para los niños por que se puede ver afectada su salud.

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
  • 130
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Henry Augusto to purchase beams and zinc sheets and pay for labor.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 7, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014