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Faustino Saul
Faustino is starting his third loan cycle in order to finish building a room in his home. For the past 18 years he has worked as a manager of medical supplies at the Jacinto Hernandez Hospital, a job that he has carried out with responsibility and honesty. He is hard-working and loved by his colleagues. He has two children: the oldest is 13 years old and is in 5th grade and he has a daughter who is 9 years old and is in 4th grade. His wife works at Gallo Mas Gallo and both of them are salaried workers who do not have other income to depend on. They both share the family expenses and he feels grateful for AFODENIC. With his previous loans he has bought household appliances. He dream is for his family to be in good health, with stable work and to continue to improve the infrastructure of his house, little by little.
View original language description ↓
Don Faustino está solicitando refinanciamiento de su 3er crédito para Terminar de construir una habitación, trabaja como Responsable de insumos médicos del hospital Jacinto Hernández desde hace 18 años, en el que se ha desempeñado con gran resposalidad, es honesto, trabajador y muy querido por sus compañeros de trabajo, tiene 2 hijos: el mayor de 13 años estudia su 5to grado de educación primaria y una niña de 9 años estudia su 4to grado de educación primaria, su esposa trabaja en el Gallo Mas Gallo, ambos son trabajadores asalariados, no dependen de otros ingresos, pero ambos comparten los gastos familiares, el se siente agradecido con la institución de AFODENIC ya que con los anteriores ha comprado sus electrodomésticos, su sueño es tener salud para sus familia, estabilidad laboral y poco a poco ir mejorando la infraestructura de 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 Nicaragua

  • $3,636
    Average annual income
  • 141
    View loans »
    Nicaragua Loans Fundraising
  • $24,080,875
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Faustino Saul building a room.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 17, 2008
Listed
Jan 1, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009