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Roberto Eduardo
Roberto lives in the municipality of Ticuantepe in the Veracruz neighborhood. His wife is a merchant in the Market together with him. They support one another and between the two of them are able to get their child ahead. Their plan for the future is to be able to finish their house. For them it is very difficult to get the money together at one time for the purchase of the materials but thanks to this loan he will buy everything necessary like cement, sand, doors, etc. He is grateful for the support that Afodenic and the Kiva funds have provided to him.
View original language description ↓
El señor Roberto habita en el municipo de Ticuantepe en el Barrio veracruz, su esposa es comerciante del Mercado junto con el entre los dos se apoyan para poder sacar adelanta su hijo, sus planes a futuro es poder terminar su casa, para ellos es muy dificultoso reunir de una sola vez el dinero para la compra de los materiales, pero gracias a este crdito comprara lo necesario como Cemento, Arena, Puertas etc. Agradece el apoyo que Afodenic y Fondos Kiva le han brindado

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
  • 134
    View loans »
    Nicaragua Loans Fundraising
  • $24,060,850
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Roberto Eduardo to purchase building materials.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2013
Listed
Mar 5, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014