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Guillermo is married and has two children with his wife. He lives in the town of Juigalpa and works for a farming organisation, his only source of income to support the family. Guillermo is applying for a loan in order to add a 14m2 extension to his home, as his daughter is now 15 years old and needs her own room. So, Guillermo has applied for a loan in order to make this project possible.
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El Sr. Guillermo, es casado tiene 2 hijos con su esposa, vive en el municipio de Juigalpa, se desempeña en una institución de Tecnología Agropecuaria, este es su único medio de ingresos para mantener a su familia. Solicita el préstamo para realizar un anexo de 14vrs cuadradas en su casa de habitación ya que su hija tiene 15 años y se ve con la necesidad de construirle su propia habitación, es por eso que acude al medio de financiamiento para que sea posible cumplir con su proyecto.

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
  • 70
    View loans »
    Nicaragua Loans Fundraising
  • $25,075,600
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $1,025 helped Guillermo to buy cement, sand, iron and bricks.
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 9, 2013
Jun 8, 2013
Currency Exchange Loss:
Jul 8, 2013