Héctor José Gámez Cardenal

Héctor is 55 years old and lives in the municipality of Ticuantepe located in the city of Managua. He has two children with his life partner who works taking care of their home and kids. Héctor is a farmer by trade. On his land he cultivates pineapples and pitahayas (cacti bearing edible fruit), and with those crops he is able to support his family. When he was young he learned about agriculture and he hopes to be able to teach his children from his experience so that one day they can continue to run the business.

The plan that Hector has for his family is to be able to give them a better quality of life and a more decent home. For that reason he is requesting a loan to buy construction materials to begin to make home improvements like reparing the roof that is currently in very bad condition.

Translated from Spanish by Hugh Yarbrough, Kiva Volunteer.

Don Héctor tiene 55 años de edad, habita en el municipio de Ticuantepe de la ciudad de Managua, tiene 2 hijos con su compañera de vida, quien se dedica al cuido del hogar y de los hijos. Don Héctor es de oficio agricultor, en sus tierras cultiva piñas y pitahayas y son con esas cosechas como él consigue el sustento para su familia. Desde pequeño aprendió el oficio de la agricultura, y espera poder transmitir las experiencias a sus hijos para que éstos algún día sigan con este negocio. Los planes que Héctor tiene para su familia es poder darles una mejor condición de vida y una vivienda más digna, es por eso que solicita el préstamo para comprar materiales de construcción y empezar las mejoras en su vivienda como es la reparación del techo, que se encuentra en un muy mal estado.


Important Information About This Loan
Kiva recently posted a message regarding the “No Pago” movement in Nicaragua (a movement for non-payment of loans). This movement, supported mostly by farmers of the north of Nicaragua with ties to the left-wing party in Nicaragua, has been organizing protests and had submitted a law to the government to create a moratorium on debt repayment. Initially it was unclear whether this law would pass, which would have had severe effects on the banking and microfinance industry in Nicaragua. However in the last month the executive branch rejected the law in its current form. The No Pago movement still exists but seems to have lost some steam. There is still a possibility that a law encouraging more restructuring of loans could pass next year, and microfinance institutions are voluntarily restructuring loans to delinquent borrowers, still increasing risk of lending in Nicaragua. However indications are that the situation is less dramatic than before.


About Housing Loans
Many poor families are financially unable to purchase a house that meets their needs. Housing loans funded on Kiva give families access to capital to improve their homes and an opportunity to pay loans back at a pace that they can handle. The housing and small business loans featured on Kiva share a common purpose: they alleviate conditions of poverty and enable families to lead more stable lives. Learn more

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