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Rosalio lives in area #6 of New Guinea. He works at the Rubèn Dario Institute, where he and his two oldest daughters are all employed as teachers. His wife Luisa is a high school teacher as well.

He is requesting his 6th loan from AFODENIC so that he can plaster a room in his house, thereby improving its condition. Rosalio is known for being a responsible and honest professional who demonstrates good conduct and moral credentials. He and his family are very close and everyone contributes toward the family expenses. It should be noted that his previous loan was used to build a comfortable room. His family aspires to improve their living conditions, have stable jobs, and maintain good health.

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Rosalio vive en la zona # 6 de Nueva Guinea, trabaja en el instituto Rubèn Dario junto a sus dos hijas mayores de edad aquienes igual que su padre son docentes, su esposa Luisa tambien es docente de secundaria, esta solicitando su 6to crédito a la institución de AFODENIC para repellar la habitación en su casa y asi mejorar las condiciones del hogar, se ha caracterizado por ser un profesional muy responsable, honesto y ha demostrado buena conducta y moral crediticia, Rosalio y su familia son muy unidos y todos comparten los gastos familiares, cabe señalar que con el crédito anterior logro satisfactoriamente construir una habitación para una mejor comodidad, esta familia aspira tener una vivienda con mejores condiciones, tener estabilidad laboral y salud.

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
  • 51
    View loans »
    Nicaragua Loans Fundraising
  • $26,297,675
    Funds lent in using Kiva
  • 20.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Rosalio plaster a room in his house.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Aug 29, 2009
Sep 1, 2009
Currency Exchange Loss:
May 15, 2011