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Francisco is a gardener. He works for many houses in the Tipitapa municipality where he lives and other times he travels to Managua looking for work. Francisco is 35 years old, single and has no children. The money he makes is for his own sustenance and to help out his family. The loan will be used to buy construction materials and to fix those parts of his family's house that are in disrepair, as they have been affected by the heavy rainfalls.
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Francisco se dedica a la labor de la jardinería, oficio que realiza de forma ambulante en algunas casas del municipio de Tipitapa en donde éste habita, y también otras veces viaja a Managua en busca de trabajo. Francisco tiene 35 años de edad, es soltero y no tiene hijos, el dinero ganado es para su sustento y ayuda a su familia. El préstamo será usado para comprar materiales de construcción y reparar ciertas partes de la vivienda de su familia que están en mal estado y ahora está siendo afectado por las lluvias.

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
  • 67
    View loans »
    Nicaragua Loans Fundraising
  • $25,075,600
    Funds lent in using Kiva
  • 19.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Francisco to buy construction materials to repair his house.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Oct 21, 2008
Oct 7, 2008
Currency Exchange Loss:
Aug 15, 2009