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Jose Miguel
Jose Miguel is 35 years old, and is married with 3 children. The oldest, Willi, is 16 years old and studies at secondary school. The younger ones, 8 and 6, study at primary school. Jose Miguel's wife Fanny works as a sales assistant in the shop Novia Linda to obtain additional earnings which permit her to support her husband with the household costs. In his family he is known as Miguel, and has worked for over 20 years as a carpenter in his own workshop located in his house, where he makes all type of furniture. He is seeking his first loan from this institution to improve his home, constructing 3 walls. He actually lives in a small wooden room, for which he is seeking Kiva's support to give his family better security and comfort. Jose's biggest dream is that his children study and be good men, and that he can grant them the standard of living that they deserve.
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Jose Miguel de 35 años de edad es casado, tiene 3 niños, el mayor Willi de 16 años estudia la secundaria, y los menores de 8 y 6 años estudian la primaria, su esposa Fanny trabaja como vendedora en la tienda Novia Linda para obtener ingresos adicionales que le permitan apoyar a su esposo con los gastos del hogar. En su familia el es conocido por Miguel, y trabaja como carpintero de su propio taller ubicado en su casa desde hace mas de 20 años, en donde elabora muebles de todo tipo. Esta solicitando su 1er credito a esta institucion para mejorar la vivienda en que vive levantando 3 paredes, pues actualmente habitan en un pequeño cuarto de madera, por lo que solicita el apoyo de Kiva para bridarle a su familia mayor seguridad y comodidad. El mayor sueño que tiene es que sus hijos estudien y sean hombres de bien y poder brindarles las condiciones de vida que se merecen.

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
  • 36
    View loans »
    Nicaragua Loans Fundraising
  • $26,391,875
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Jose Miguel build 3 concrete walls.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 4, 2010
Feb 16, 2010
Currency Exchange Loss:
Dec 15, 2011