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Maritza Del Socorro
Professor Suarez, 49 years old, is originally from Cuapa, Chontales, works for the July 17th Polytechnic School in Juigalpa, with 21 years of service. She is single, and has one son who graduated in Agricultural Engineering, who is unemployed, to help his mother to increase her earnings he is dedicating himself to the sale of beans, watermelon and repasto from a small stand. The professor is looking for a loan which she will use to improve her home which is located in Cuapa where her son lives, she will buy glass and aluminum blinds to avoid getting water, because now she only has iron bars. All of her previous loans she has invested in her home.
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La Profesora Suarez de 49 años de edad es originaria de Cuapa, Chontales, trabaja para la Escuela Politecnica 17 de Julio en Juigalpa, con 21 años de servicio; soltera, tiene 1 hijo graduado de Ing. Agrónomo, desempleado, para ayudarle a su madre y asumir sus gastos se está dedicando a la siembra de frijoles, sandia y repasto de un pequeño hato. La profesora está solicitando su crédito el que utilizará para mejoramiento de su vivienda que está ubicada en Cuapa donde habita su hijo, comprará persianas de vidrio y aluminio para evitar que se le filtre el agua, ya que sólo tiene los protectores de hierro, todos los créditos anteriores los ha invertido en su 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

  • $4,800
    Average annual income
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,597,675
    Funds lent in using Kiva
  • 19.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Maritza Del Socorro buy glass and aluminum blinds.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 8, 2008
Listed
Oct 25, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009