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Rolando José
Mr. Rolando Jose V. is 39 years old, he resides in the Borgoña sector with his wife; she works in the field of statistics in the hospital of “Mexico de Ticuantepe.” His wife contributes to all household expenses; they are responsible for two children who are currently attending high school. Rolando’s dream is to improve his home so that he can give his children a decent roof to live under. He works as a teacher in the public school of Ticuantepe. He requests from our institution the amount of C $ 10000.00 cordobas to buy construction materials and improve the infrastructure of his home.
View original language description ↓
El señor Rolando José Velásquez tiene la edad de 39 años habita en el sector de la borgoña con su esposa, ella trabaja en el sector de estadística en el hospital México de Ticuantepe, esta señora apoya a su marido con los gastos de la casa; tienen a su cargo dos hijos que estudian actualmente en secundaria; el sueño de don Rolando es mejorar su vivienda para darle a sus hijos un techo digno, el trabaja como docente en la escuela publica de ticuantepe. El solicito a nuestra institución la cantidad de C$ 10,000.00 córdobas para comprar materiales de construcción y mejorar la infraestrucutura de la vivienda.

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.

About Nicaragua

  • $3,636
    Average annual income
  • 174
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Rolando José improve the infrastructure of his home.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 11, 2008
Listed
Oct 26, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009