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Paula Del Socorro
Paula continues working as a teacher. She’s a humble woman who seeks ways to get ahead with her husband. Her children are all adults and just one of them is still in university studying Medicine and she supports her economically so that she can finish her studies. Paula’s asking for the loan to close off part of the roof that’s open because when it rains water gets into the interior of the house causing discomfort for the family; this is why she needs to make this improvement so that they can live in better conditions.
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Doña Paula, continúa su labor como docente, una humilde señora que busca como salir adelante junto su esposo, sus hijos mayores de edad, solamente una continúa la universidad cursando la carrera de medicina y ella la apoya económicamente para que pueda culminar los estudios. Paula solicita el crédito para cerrar una parte del techo que esta descubierto y cuando llueve el agua se mete al interior de la casa provocando incomodidad a la familia, es por eso que necesita hacer esta mejora para vivir en mejores condiciones.

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
  • 175
    View loans »
    Nicaragua Loans Fundraising
  • $23,215,950
    Funds lent in using Kiva
  • 24.7
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $1,225 helped Paula Del Socorro to buy building supplies.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2013
Listed
Jul 1, 2013
Currency Exchange Loss:
Possible
Expired:
Jul 31, 2013