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Silvio is 39 years old and works in security services. He has spent eight years getting out of debt and is happy to have a job that allows him to assist his family. Though his salary is low, it would be worse not to have this income. His wife has a small grocery store that helps with the expenses of their four children who are still students. The children help at the store with sales and deliveries during their free time.

Silvio's goal is to finish making improvements on his house. With this loan he hopes to add a room onto the back in order to give his family a little privacy. He feels very happy to achieve a new beginning thanks to this lending institution.

View original language description ↓
El señor Silvio González de 39 años de edad, trabaja en servicios de seguridad, lleva ocho años desempeñándose, se siente contento por tener un trabajo en donde puede ayudar a su familia, su sueldo es bajo pero peor seria no tener estos ingresos, su esposa tiene una pulpería la cual ayuda para ayudar a sus hijos con los gastos son cuatro los cuales estudian, y en tiempos libres ayudan en la venta a despachar, el anhelos de don Silvio es poder terminar de hacer las mejora a su casa. Con este préstamo quiere hacer un cuarto en la parte de atrás para tener un poco de privacidad con su familia, se siente contento por lograr este comienzo gracias a la institución.

Additional Information


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

  • $4,800
    Average annual income
  • 70
    View loans »
    Nicaragua Loans Fundraising
  • $25,768,275
    Funds lent in using Kiva
  • 20.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 4, 2009
Aug 15, 2009
Currency Exchange Loss:
Sep 15, 2010