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Juan Carlos
Juan Carlos, a young man, works for a private company. His biggest dream is to have his own house and improve his family’s living conditions. It is difficult for him to collect all the money he needs, because he has to pay for the home’s expenses.

This is why he is requesting a loan to buy everything he needs to continue building his house, such as doors, cement and sand. He appreciates the help that AFODENIC and Kiva give him.
View original language description ↓
El Joven Juan Carlos trabaja para una empresa privada, su mayor sueño es tener su casa propia y mejorar de condiciones el y su familia. a el se le dificulta un poco reunir el dinero por que tiene que cubrir los gastos del hogar, con este credito comprara lo necesario par continuar con la construccion, como puertas, cemento, arena etc. Agradece el apoyo que Afodenic y Fondos Kiva le esta brindando.

Additional Information


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

  • $4,800
    Average annual income
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $25,413,450
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Juan Carlos to buy construction materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 13, 2013
Feb 20, 2013
Currency Exchange Loss:
Mar 17, 2014