Update on Sandra IsabelSandra and her husband both work hard to cover household expenses and provide for their family. Sandra's job as a teacher does not pay very well, and she is presently unable to send her son to a private high school since she has to make all their income stretch and cover multiple family needs.
Currently, Sandra needs to repair a room of her family's home. She hopes to improve the room so that her family will be able to rent it out and generate additional income. With the support from this loan, Sandra plans to purchase building materials such as: sand, cement, iron, cement blocks, rock and other materials for fixing up their guest room. She is very grateful for this opportunity and for the support of Kiva and Afodenic.
Previous Loan DetailsSandra Isabel is an enterprising woman. She’s been working as a teacher in a school located in our capital, Managua, for twenty-seven years. Her husband works as a cabinet maker and together they are able to balance out their household expenses. With previous loans she’s been able to adva... More from Sandra Isabel's previous loan »
About AFODENICThis 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.
Concurrent and Successive Loans
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.
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Success!! The loan was 100% repaid