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Donald De Los Angeles
Donald lives in the 10 ½ km part of Masaya road, along with his wife and children. He works as a driver in a private home. Donald needs to make some modifications to his home because he must finish a room for one of his children who need privacy and space. He will use the money from this loan to buy doors, cement, sand, and cinder blocks to complete it. He is grateful for Afodenic’s support and Kiva funds. They have provided him a new opportunity.
View original language description ↓
El señor Donald habita en el Km 10 1/2 carretera Masaya, junto a su esposa e hijos, trabaja como conductor en una casa privada, actualmente el señor Donald necesita realizar una modificaciones en su casa ya que le urge terminar un cuarto para uno de sus hijos ya que requieren de privaidad y de algunos espacios, con este Financiamiento comprara Puertas, Cemento, Arena, Bloques para terminarlo, Agradece el apoyo que Afodenic y Fondos Kiva le han brindado con esta nueva oportunidad.

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
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $23,659,150
    Funds lent in using Kiva
  • 24.7
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $425 helped Donald De Los Angeles to buy building materials.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2013
Listed
Apr 9, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014