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Maria Auxiliadora
María Auxiliadora is asking for her 7th loan from AFODENIC to invest in plastering her home and thereby improve her home’s condition. She lives in the Nuevo León-Nueva Guinea neighborhood, is 24 years old and works as a primary school teacher. She is very responsible, honest and has demonstrated good conduct and moral credit history. She has contributed to the development of her neighborhood. She has 2 grown children. And even though they don’t live with her, she takes care of her elderly parents. Her husband works as a farmer and contributes basic products to the home, as they are a family of few economic resources.
View original language description ↓
Doña María Auxiliadora esta solicitando su 7mo crédito a la institución de AFODENIC para invertirlo en repellar su casa y asi mejorar las condiciones del hogar, vive en la colonia Nuevo León-Nueva Guinea, tiene 24 años de desempeñarse como docente de educación primaria, es muy responsable, honesta y ha demostrado buena conducta y moral crediticia, ha contribuido al desarrollo de su colonia, tiene 2 hijos mayores de edad, y a pesar que no viven con ella se encarga del cuido de sus ancianos padres, su esposo trabaja como agricultor en la finca y aporta con los productos basicos del hogar, ya que son una familia de escasos recursos económicos.

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
  • 101
    View loans »
    Nicaragua Loans Fundraising
  • $24,397,050
    Funds lent in using Kiva
  • 20.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Maria Auxiliadora plaster her home.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 16, 2009
Listed
Feb 1, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010