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Juan Carlos
Juan Carlos is 39 years old and lives in the Sandino Memorial Community in the capital city of Managua. He works as an accountant for the city. He has twenty years of experience working in this business that has allowed him to improve his family’s life. His goal is to provide an education for his children. With this loan, which is his fifth one with Afodenic, he would like to buy materials to build a porch for his family and thus provide them with a more comfortable life. He gives thanks to this institution for the benefit of being able to improve his house. Only with this loan would he be able to achieve this goal.
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El señor Juan Carlos Hernández de 39 años de edad, reside en el barrio Memorial Sandino en la capital de Managua, trabaja como contador en la alcaldía, lleva veinte años trabajando a mucho esfuerzo para poder salir adelante con su familia. Su meta es poder dar educación a sus hijos. Con este préstamo es su quinto ciclo en Afodenic el cual va invertir en la compra de materiales de construcción para hacer un por porche y poder darle a su familia una mejor comodidad. Da las gracias a ala institución por los beneficio de poder hacer las mejoras a su casa ya que solo por el financiamiento puede hacer estos logros.

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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 20.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Juan Carlos to buy materials to build a porch for his house.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Aug 11, 2009
Sep 1, 2009
Currency Exchange Loss:
Jul 15, 2010