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Jose Encarnacion
José is married and has two children, aged 14 and 23 years old each, with his wife. José works as an industrial mechanic in a duty-free part of the country. This allows him to earn a fixed monthly income so as to provide his family with basic necessities such as food. Now José wants to provide his family with a better home and so he is applying for a loan in order to finish the porch walls in his house. He will then be able to give his family more comfort and more security.
View original language description ↓
Jose, es casado, junto a su esposa procreó dos hijos que tienen las edades de 14 y 23 años, El señor José se desempeña como mecánico industrial en una zona franca, que le permite obtener ingresos fijos mensuales para abastecer a su familia de las necesidades básicas como alimentación. Ahora quiere brindar a su familia una mejor vivienda para lo cual solicita el crédito para poder terminar las paredes laterales del porche de su casa,y poder brindar a su familia mayor seguridad y comodidad.

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
  • 133
    View loans »
    Nicaragua Loans Fundraising
  • $24,566,075
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Jose Encarnacion to buy bricks, cement, sand, and iron.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Oct 24, 2013
Nov 5, 2013
Currency Exchange Loss:
May 17, 2015