Mr. Agustin is married and is 48 years old. He has worked in the Alcaldia Muncipal of Juigalpa as a guard for 6 years. His wife doesn’t work outside the house. She washes and irons during the week. She uses the money she earns for the expenses, and his salary is used to pay his loans and to fund unexpected expenses. Their children are adults and aren’t under their responsibility. They have only one child who is in secondary school. This client is requesting his second loan, which will be used to build a bathroom and sanitary services inside her house with the intention of offering security to his family so that they won’t have to go out to the patio. This is important because the women are sometimes in the house alone at night when he is working. Some days, he works during the days and other days during the nights. His first loan was used to improve his home, since it is difficult to put together enough money to buy foundation slabs. With the loan, he agrees that each month, after the payment, he has to pay the installment that is already established.
Don Agustin es casado, de 48 años de edd, con 6 años de servicio en la Alcaldia Municipal de Juigalpa como vigilante, su esposa no trabaja fuera de su casa, lava y plancha durante la semana, con el dinero que gana lo utilizan para los gastos de la casa y el salario de el es utilizado para pagar sus creditos y hacer fretne a cualquier imprevisto, sus hijos son adultos y no estan bajo su reponsabilidad solo una hoven quien esta estudiando la secundaria. Este cliente esta solicitando su 2do credito que sera utilizado para construir un baño y los servicios higienicos dentro de su casa con la intencion de brindar seguridad a su familia para no tener que salir al patio, ya que ellas en algunos dias quedan solas por la noche cuando el esta cumpliendo con su trabajo el que lo desarrolla unos dias de dia y otros por la noche. Su primer credito tambien lo utilizo para mejorar su vivenda, ya que platea que es dificil juntar una cantidad para invertirlo en su casa, que con el credito esta consiente que cada mes despues del pago tiene que pagar la cuota que ya esta establecida.
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.