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Raquel Del Socorro
Mrs. Raquel is 30 years old, lives in Villa Reconciliación, and is married. Her husband has been a bricklayer for three years. She has three children, who are 8, 11, and 13 years old. All of them are studying in the high school in the capital. With the financial support of her husband, she has begun renovating her house little by little, but she lacks more materials that are major components of the construction, based on her plans. They need a loan to buy construction materials like cement, iron, blocks, wood, and doors, among other things. Thanks to the loans from Afodenic, they will be able to complete their project, which will give them more security and protection for their family. The home will give them more comfort and will be an asset for their children.
View original language description ↓
La Sr. Raquel tiene 30 años de edad, habita en Villa Reconciliación, casada y su esposo trabaja como albañil desde hace tres años. Tiene tres hijos de 8, 11 y 13 años de edad todos están estudiando en un colegio de la capital. Con el apoyo económico de su esposo ha empezado ido cambiando poco apoco su casita pero falta mas detalles que dentro de sus planes están la construcción total y parcial de su vivienda. Requieren de un préstamo para la compra de materiales de construcción como: cemento, hierro, bloque, madera, puerta entre otros. Gracia a los préstamos de Afodenic lograra culminar su proyecto que una mayor seguridad y protección para su familia, con comodidad y un patrimonio para sus hijos.

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

  • $4,800
    Average annual income
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,546,650
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Raquel Del Socorro to buy construction materials to finish her house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 9, 2008
Listed
Jan 1, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010