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Jose Mathias
José is married and his wife runs a coffee shop. They have three children in their care who attend school. He works as a heavy vehicle driver for the municipality of Juigalpa and is requesting a loan to renovate his home. José will install new roofing over the bedrooms because the current roof is in disrepair. With this goal he wants to make the home more comfortable, safer and in better living conditions for the family.
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El Sr. José es casado, su esposa se dedica al comercio en un cafetín, ambos procrearon tres hijos que dependen de ellos, los cuales se encuentran estudiando. El trabaja como conductor de vehículo pesado para la municipalidad de Juigalpa. Solicita este crédito para hacerle mejoras en su hogar, cambiar el techo en el área de los dormitorios ya que actualmente está en mal estado. Con este logro su familia contara con un hogar más cómodo, con mejores condiciones y sobre todo seguridad.

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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $25,382,700
    Funds lent in using Kiva
  • 25.1
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $650 helped Jose Mathias to buy metal sheeting and boards.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 13, 2013
Jul 3, 2013
Currency Exchange Loss:
Aug 2, 2013