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Nelson Eduardo
Nelson is a hard worker. His biggest dream is to complete his home and to provide better living conditions to his wife and children. He lives in the municipality of Ticuantepe. He is an engineer by profession. His wife is self employed and she supports him in all of the decisions they make. With this authorized loan they will buy bricks, sand and cement because they want to complete the construction of a wall to better secure their home. He is grateful for the support that Afodenic and Kiva have given him.
View original language description ↓
El señor Nelson hombre trabajador, su mayor sueño es tener su casa terminada y darle mejores condicones de vida a su esposa e hijos, habita en el municipio de Ticuantepe el es Ingeniero de profesion su esposa, trabaja por cuenta propia y le apoya en todas las decisiones, con este credito que se le ha otorgado compraran: Bloques, Arena, cemente ya que quiere terminar de construir una pared para dale mejor seguridad a su vivienda, 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
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $23,485,000
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Nelson Eduardo to buy construction materials.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2013
Listed
Apr 14, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2013