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Lea Dagmar
Lea continues working as a teacher at a school. She has been providing her knowledge to students for over ten years. She, like most Nicaraguans, has managed to be building her house through the loans.

She is now requesting her eighth loan in order to buy construction materials. She will build an addition onto the back part of her house. She will do this in order to mange to have more space so that her children are comfortable.
View original language description ↓
La señora Lea, continúa laborando como docente en una escuela brindándoles sus conocimientos a los niños desde hace más de 10 años, ella como la mayor parte de los nicaragüenses ha logrado ir construyendo su vivienda a base de créditos. Ahora solicita este octavo préstamo para comprar materiales de construcción y realizar un anexo en la parte trasera de su vivienda, para lograr mayor espacio para que sus hijos se sientan tranquilos.

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.

Tags

About Nicaragua

  • $4,800
    Average annual income
  • 131
    View loans »
    Nicaragua Loans Fundraising
  • $24,558,975
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Lea Dagmar to buy construction materials.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2013
Listed
Jun 20, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014