With this loan, he hopes to build an extension to his home that will improve his personal living conditions. He plans to buy construction materials such as stone, sand, cement, iron, zinc, crossbeams, and other items needed to perform the work.
He venido aumentando el capital con préstamos que Afodenic ha dado el cual ha logrado la oportunidad del crédito.
Invirtiendo en productos de librería ya que son productos accesibles y de rotación a si como de gran utilidad durante el año escolar.
Con este financiamiento lograra un anexo a su vivienda para mejorar las condiciones personales. En donde comprara materiales de construcción como: piedra, arena, cemento, hierro, zinc, perlines, entre otros logrando así la obra.
About AFODENICThis 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.
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Success!! The loan was 100% repaid