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Blanca Rosa
Blanca is the mother of four children. Three of them are under her care and attend school. Her oldest child is already independent. Blanca works as a secretary at a private business while her husband is employed by a government institution.

She is requesting a loan in order to buy construction materials for improving the roof her house, which is not providing good conditions for her family. Thanks to the loan, Blanca will be able to make this improvement.
View original language description ↓
Blanca, es madre de 4 hijos, tres están bajo su cargo quienes asisten a la escuela y el mayor ya es independiente, ella trabaja como secretaria en una empresa privada mientras su esposo labora para una institución del gobierno. Blanca solicita el crédito para comprar materiales de construcción y mejorar el techo de su casa, el cual no presta buenas condiciones para la familia, gracias al préstamo podrá realizar esta mejora.

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.

Tags

About Nicaragua

  • $3,636
    Average annual income
  • 138
    View loans »
    Nicaragua Loans Fundraising
  • $24,079,275
    Funds lent in using Kiva
  • 25.9
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $775 helped Blanca Rosa to buy construction materials for repairing the roof of her house.
76% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2014
Listed
Apr 21, 2014
Currency Exchange Loss:
Possible