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Jairo Francisco
Jairon Francisco, 22, is single and has been working as a radio commentator for more than three years. He’s requesting his second loan to improve his mother’s house where he lives with her. He wants to build his own bedroom that he’ll furnish in order to have a more comfortable environment. To do so he needs to buy building materials and supplies like cement, sand, iron and gravel as well as to pay labor costs. Being a person with a strong desire for self-improvement, his greatest dream is to continue to have work and to support his mother as best he can.
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Jairon Francisco de 22 años de edad es soltero, trabaja como locutor de radio desde hace mas de 3 años. Solicita su segundo credito para mejorar la vivienda de su mamá donde el habita con ella y desea construir su propio cuarto el cual acondicionara para contar con un mejor entorno de vida por lo que necesita comprar materiales de construccion como lo son: cemento, arena, hierro, piedrin y el pago de la mano de obra. Siendo una persona con muchos deseos de superacion, su mayor sueño es seguir teniendo trabajo y apoyar a su mamá en lo que mas pueda.

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
  • 174
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $1,475 helped Jairo Francisco to buy building materials and supplies.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Possible
Expired:
Nov 30, 2012