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Jose Antonio
José Antonio is a young man of 25 who lives in the Laureles Norte neighborhood, a poor area of Managua. His wife takes care of the household. Together they have two children who are in school and he hopes to be able to pay for them both to finish their studies with his work in construction as a compacter operator. José Antonio is asking for this loan to add a room to his home, which will give his children more space and comfort. He will improve his home little by little this way so his family can be safer.
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José Antonio, es un joven de 25 años habitante del barrio Laureles Norte, una zona marginal de Managua. Su esposa vela por el orden del hogar, juntos procrearon dos hijos los cuales estudian y espera poder terminar de darles sus estudios a los dos, con su trabajo como operador de compactadora en construcción. José Antonio solicita este crédito para hacer un cuarto en su casa, lo que le permitirá más espacio y comodidad para sus hijos, de esta manera ira poco a poco mejorando las condiciones de su vivienda para la mayor seguridad de la familia.

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
  • 116
    View loans »
    Nicaragua Loans Fundraising
  • $23,731,525
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Jose Antonio to buy cement, cinder blocks, iron, sand, and corrugated sheet metal.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2013
Listed
Jul 12, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014