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Alexis Fernando
Alexis Fernando is a young married man who has worked as a technician of the land registry for 4 years. He's grateful to Kiva for his previous loans because these have helped him to improve his family's quality of life. He's now requesting his third loan to buy construction materials to improve the kitchen. His biggest dream in life is to improve his house overall and to have job stability to support his family.
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El joven Alexis Fernando, es casado se desempeña como técnico de catastro desde hace 4 años, está muy agradecido por los financiamientos ya que con sus créditos anteriores ha mejorado sus condiciones de vida y la de su familia. Solicita su 3er crédito para invertirlo en compra de materiales de construcción para poder arreglar la cocina de su casa, siendo su mayor sueño en la vida mejorar su vivienda por completo y tener estabilidad laboral para ayudar a su familia.

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
  • 96
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $725 helped Alexis Fernando to buy materials such as cement, sand, iron and blocks.
Repayment Term
20 months (Additional Information)
Repayment Schedule
May 24, 2013
Jul 1, 2013
Currency Exchange Loss:
Jul 31, 2013