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Guadalupe Del Socorro
Guadalupe lives in the Memorial Sandino neighborhood in the city of Managua. She has three children who go to school and depend on her. Her partner works as a security guard, and with his income contributes to the household expenses. She works as a janitor in a public school.

This is her first loan with Afodenic, and is for building a perimeter wall for her home. She has to build it in the form of an "L," so that it can provide security and a sense of well-being to her family. This is because they live in an area that is a bit sparsely populated, and is dangerous for the children. So she needs to buy rebar, wire, cement, sand and cement blocks, as well as pay for labor.
View original language description ↓
Doña Guadalupe habitante del barrio memorial Sandino de la cuidad de Managua, tiene 3 hijos quienes estudian y dependen de ella, su pareja labora como celador con sus ingresos aporta para los gastos del hogar y ella trabaja como conserje en una escuela pública. Esta es su primer experiencia crediticia con AFODENIC para la construcción de un muro perimetral de su vivienda que tiene que realizar en forma de una L para ofrecer seguridad y bienestar a su familia ya que viven en una zona un poco despoblada y es peligroso para los niños; por lo que necesita comprar hierro, alambre, cemento, arena, bloques y el pago de la mano de 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

  • $3,636
    Average annual income
  • 120
    View loans »
    Nicaragua Loans Fundraising
  • $24,398,100
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Guadalupe Del Socorro to buy rebar, wire, cement, sand, cement blocks, and pay for labor.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 29, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013