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Pedro Pablo
Pedro is married. He lives with his two children and his wife in a small village called Puerto la Esperanza de Chontales. He has been working as a nurse’s aid at a hospital for 16 years. It is his only form of income in light of the fact that only he works.

He is requesting the loan to build a 16 square ‘vara’ [vara is approximately one yard] room. His family needs more space in their home in order to enjoy more privacy. Pedro is grateful for the financial support because it offers him the ease of paying little by little.
View original language description ↓
El Sr. Pedro, es casado con sus dos hijos y su esposa vive en un pequeño pueblo llamado Puerto la Esperanza de Chontales, hace mas de 16 años se desempeña como Auxiliar de Enfermería de un Hospital, es su único medio de ingresos en vista de que solamente él trabaja. Solicita el préstamo para construir un cuarto de 16 varas cuadradas ya que ve la necesidad de más espacio para su familia en su hogar para gozar de mayor privacidad, don Pedro agradece el apoyo de financiamiento, porque le brinda la facilidad de ir pagando poco a poco.

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
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $23,498,425
    Funds lent in using Kiva
  • 24.6
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $825 helped Pedro Pablo to buy construction materials.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2013
Listed
Jul 8, 2013
Currency Exchange Loss:
Possible
Expired:
Aug 7, 2013