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Isaias Antonio
Isaías is a young worker living in Cuajachillo district. He’s married and has a four-month-old son. He has worked for a cement factory for about two years as an electronics technician since he’s an engineer in that field. He’s opting for a second home-improvement loan. On this occasion, he’ll build a front wall at home and to do so needs to buy cement, sand, blocks, purlins and iron rods to provide more security at home so his family can live comfortably and worry-free.
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Isaías un joven trabajador es habitante de la comarca cuajachillo el está casado tiene un hijo de 4 mese de nacido, labora para una empresa productora de cemento aproximadamente 2 años como técnico electrónico ya que él es ingeniero en ese ramo, está optando por un segundo crédito para infraestructura en este caso pondrá el muro frontal de su casa, para eso necesita comprar cemento, arena, bloques, piedrines, hierro para darle mayor seguridad de su casa para que su familia viva tranquila y comoda.

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
  • 113
    View loans »
    Nicaragua Loans Fundraising
  • $23,731,525
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Isaias Antonio to buy cement, sand, blocks, purlins and iron rods.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2013
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 18, 2013