Total loan: $350


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Managua, MN, Nicaragua / Housing

Abraham's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped Purchase construction materials to finish building a wall.

Abraham's story

Sr. Abraham is 42 years old. He and his wife started their family at a young age and now they have three children. Abraham has been selling chamomile and cinnamon wholesale for the past seven years. He previously sold these products before, but he gave it up when he attracted more customers selling medicine, which he was able to acquire at low cost and generate good sales. Within the past few weeks, his sales have gone down. Prices have increased on everything as a result of the financial crisis the country is experiencing. There are few jobs and workers are underpaid.

Abraham wants to enclose his land, so he started building a wall around his property. However, he lacks the remaining materials to finish the wall. He needs to buy cement, sand, and gravel and also pay for labor. A completed wall will provide better security against the crime that is plaguing the neighborhood. His previous loans have been the only means in which Abraham has been able to make improvements to his small modest home. It is important to enclose his land so that he can continue making improvements to his house at a later time. He is happy that he is able to achieve his objectives, thanks to the financing provided by AFODENIC.

Translated from Spanish by Ronan Reodica, Kiva Volunteer