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Gerardo Armengol
View original language description ↓
Gerardo C. is 24 years old and works as a Managua city bus driver. He is married and has a 2-year-old daughter. His wife is a homemaker.


Five years ago Gerardo started working in his father’s business as a bus driver’s assistant. Because of his demonstrated responsibility on the job, he now drives that bus.


Gerardo’s dream is to finish building his house. He is requesting a loan to build a bedroom, which will make his family more comfortable. He hopes to provide a more decent home for his daughter and future children.

Translated by Todd M. Anderson, Kiva volunteer



Gerardo C. es un joven de 24 años de edad, que se dedica a conducir un bus de transporte colectivo en la ciudad de Managua. Es casado y tiene una niña de 2 años de edad, su esposa es ama de casa.

Hace 5 años Gerardo empezó a laborar en el negocio de su padre como ayudante en un bus, pero gracias a la responsabilidad que ha demostrado en sus labores hoy en día es conductor de dicho bus.

El sueño de Gerardo es poder terminar de construir su casa de habitación, por lo que solicita el préstamo para construir un cuarto de habitación para poder darle un poco mas de comodidad a su pequeña familia, espera poder darle a su hija una vivienda más digna y a los hijos que más adelante seguramente van a tener.

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 Nicaragua

  • $3,636
    Average annual income
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $24,043,075
    Funds lent in using Kiva
  • 19.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Gerardo Armengol construction of a bedroom in his house.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 18, 2008
Listed
Jun 22, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009