Professor C. is 42 years old, separated from his wife, has 2 children, a son 7 years old and a daughter 11 years old, both of whom are in elementary school. Today he is in the process of getting a separation and he had to leave his house and his things for his children. He has worked as the director of the San Sebastián Institute in Acoyapa for 14 years. He is seeking his 3rd loan, which he urgently needs, as he is now living in the home of his new partner's parents an dhe has to make a wall for a room for himself and his new partner. C. has been an excellent cliente and has paid his previous loans responsibly. He hopes to soon be able to have his own home where he can live with his new family and also where he will be able to host and take care of his children.
El profesor C., de 42 años, separado, con 2 hijos 1 varón de 7 años y una niña de 11 años, ambos estudian la primaria. En estos momentos está en proceso de separación y ha tenido que dejar su casa y todos los bienes a sus hijos, trabaja como director del Instituto San Sebastián de Acoyapa, desde hace 14 años. Solicita su 3er crédito el que necesita con urgencia ya que está habitando en la casa de los nuevos suegros y tiene que hacer una división para un cuarto para habitar con su nueva pareja. El Señor C. ha sido un excelente cliente con el pago de sus créditos anteriores demostrando responsabilidad. Espera muy pronto pder tener su propia casa en donde habitar con su nueva familia, y donde también poder recibir y atender a sus hijos.
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.