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Maria Asuncio
Maria is a working woman and a fighter. Her dreams for the future are to finish her house and provide a better quality of life for her children. She works in a private home and helps her husband with household expenses. With this loan, she will buy the materials needed to continue the construction of her house. She will buy: cement, sand, cylinder blocks etcetera. She is grateful for the support provided by the Kiva loan and Afodenic.
View original language description ↓
La señora Maria, mujer trabajadora y luchadora, su sueño a futuro es poder terminar su casa de habitacion y darle mejores condicones a su hijos ella trabaja para una casa privada y su esposo le apoya con los gastos del hogar, con este credito ella compra Marteriales necesario para continuar con la construccion de su casa. Comprara: Cemento, Arena, Bloques etc. Agradece el Apoyo que le han Brindado Afodenic y Fondos Kiva

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
  • 74
    View loans »
    Nicaragua Loans Fundraising
  • $23,416,850
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Maria Asuncio to buy construction materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 11, 2013
Listed
Mar 6, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013