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Flor Del Socorro
Flor is a very hardworking woman with four children. Her husband works on their farm and she works for a bank for a low salary and has for 16 years. She looks for ways to make improvements to her home, although small. She is asking for this loan because she wants to fix up her bathroom so that she can have better sanitary conditions for her children. She will use the money from this loan to buy cement, sand, cinder blocks, iron bars, stone and a toilet.
View original language description ↓
Doña Flor es una señora muy trabajadora con 4 hijos, su esposo trabaja en su propia finca, ella labora para un banco como conserje hace 16 años con un salario muy bajo pero así ella busca como hacerle mejoras a su casa aun pequeñas que sea, solicita el crédito porque desea componer el baño de su vivienda para tener mejores condiciones sanitarias y sus hijos crezcan saludables, comprara cemento, arena, bloques, hierro, piedrines e inodoro.

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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $23,441,425
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Flor Del Socorro to buy building supplies.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Feb 5, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014