José Elmer’s highest level of education was completed secondary school. His current business is mobile phone sales. His wife works selling cheese and cream to order to grocery stores and this way they both support each other economically to cover their costs. Their children are adults and work in a tax-free zone. Sadly, he lost one of his children and overcoming this loss was very difficult for him but in time he’s managed to overcome the pain although it’s always present in the background. Like all hardworking men he’s opted for a loan to make some home improvements. He will install tile and windows his house still needs. He will buy tile, cement, glass louvers and aluminum frames thanks to the loan repayable in installments he’ll be granted.
Don José Elmer su nivel de estudios más altos fue finalizar la secundaria, ahora su negocio es la venta de celulares, la esposa trabaja vendiendo queso y crema por encargos en las pulperías así ambos se apoyan económicamente para sus diferentes gastos, sus hijos son mayores de edad y trabajan en una zona franca, lamentablemente perdió a uno de sus hijos el cual para él fue muy difícil sobreponerse al fallecimiento pero con el tiempo ha sabido sobrevivir a este dolor que aun está latente, él como todo un hombre trabajador está optando por crédito para mejorar su casa poniéndole cerámica y las ventanas de su casa que todavía le faltan, comprara cerámica, cemento, celosías de vidrio y marcos de aluminio, esto gracias a los financiamientos que se otorgan en plazos.
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.