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Milton Geovanny
Milton and his family live in the Hileah neighborhood in an area suffering from a lot of poverty and delinquency. He is 31 years old and works as a promoter, his wife work as a grocery store assistant, together they had two children who are 5 and 7 years old and go to school. For Milton, his children's education and well-being is a priority. This is his second time of taking a loan from Afodenic, which is he seeking to improve part of the room of his home and build a wall in front of the premises to give his children better protection as they are small.
View original language description ↓
Don Milton y su familia habitan en el barrio Hileah una zona con mucha pobreza y delincuencia, el tiene la edad de 31 años, trabaja como promotor, su esposa asistente de bodega ambos procrearon 2 hijos que ya tienen las edades de 5 y 7 añitos que van a la escuela, para don Milton la educación y el bienestar de ellos es prioridad. Esta es su segunda experiencia de crédito con Afodenic la cual solicita para mejorar parte del techo de su casa y construir un muro frontal para brindarles mejor protección a sus hijos que están pequeños.

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
  • 173
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Milton Geovanny to buy cement, blocks, sand, zinc and steel sheets.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 29, 2013
Listed
Jun 12, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014