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Juan Ramon
Juan, a resident of Masaya municipality, lives with his wife and children. They have worked hard to move forward. His greatest dream is to improve conditions to have a better future. He has sold fruits and vegetables in departments in the country for more than 15 years. His wife helps him with household expenses, since she has her own business selling clothing and shoes. With this loan, he will buy construction materials like quarried stone, cement, iron, a truckload of sand, corrugated metal roofing, and cinderblocks. With these, he can continue construction on his home. He is grateful for the support that Afodenic and Kiva have given him upon providing him with this loan.
View original language description ↓
El señor Juan habitante del municipio de Masaya, junto a su esposa e hijos han trabajado duro para salir adelante, su mayor sueño es mejorar de condiciones para tener un mejor fututo, el es comerciante de Frutas y verduras, en los departamentos del pais desde hace mas de 15 años, su esposa le apoya con los gastos del hogar ya que ella tiene su propio negocio de venta de Ropa y Zapatos, con este credito comprara Materiales de Construccion como: Piedras Cantera, Cemento, Hiero, Viaje de Arena, Zinc y Bloques con esto podra continuar con la construccion de su casa, Agradece el Apoyo que Afodenic y Fondos Kiva le han brindado al otorgarle este credito.

Additional Information


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

  • $4,800
    Average annual income
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Juan Ramon to buy construction materials.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Apr 16, 2013
May 4, 2013
Currency Exchange Loss:
Dec 17, 2014