Señor Evaristo is 48 years old. He is married, and his wife works as a teacher in a school. They have two daughters who depend on them who are in primary and secondary school. He has worked as a driver for a private business for 9 years. With these incomes from very low salaries, they have managed to advance, covering the various basic expenses of the household. He is applying for this loan to direct it toward improvements in their home, to construct walls to divide the rooms and a wall to surround their house, which will help his family by offering them better privacy, comfort, and also security, since in the area of their patio they have only a fence, which is not secure. To begin this work, he needs to buy materials such as cement, sand, blocks, iron, and gravel and pay for labor.
El señor Evaristo de 48 años de edad, es casado su esposa trabaja como docente en una escuela, tienen 2 hijas que dependen de ellos que estudian la primaria y secundaria, el trabaja como conductor para una empresa privada desde hace 9 años con esos ingresos de salarios muy bajos han logrado salir adelante cubriendo los diferentes gastos básicos del hogar. Solicita este crédito para destinarlos a mejoras de vivienda, para construcción de paredes divisorias para cuartos y de tapia, lo que ayudara a su familia brindándole mayor privacidad, comodidad y también seguridad ya que en el área de su patio solo cuentan con un cerco que no es seguro, para comenzar esta obra requiere comprar materiales como cemento, arena, bloques, hierro, piedrín y pagara la mano de obra.
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.