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Modesto Efrain
Modesto is 33 years old and married. His wife is in charge of looking after their eight month old daughter and handling the household chores. Sr. Modesto has worked the past six years as a driver for INATEC (the National Technological Institute) in the district of Yolaina, which 15 kilometers outside of Nueva Guinea. In addition he works as a taxi driver at night and on Saturdays and Sundays. He works for INATEC from Monday to Friday, so he needs the additional income.

This loan will be used to build a room so that his home will be more comfortable. His greatest wish in life is to have job stability, provide the best for his family, and gradually improve his home so that they will be more comfortable.

View original language description ↓
Modesto de 33 años de edad, vive con su esposa quien se encarga de cuidar a su niña de 8 meses y de los quehaceres del hogar; el Sr. B. F. labora como conductor desde hace 6 años para el ceta INATEC en la colonia Yolaina a 15 km de Nueva Guinea, ademas es taxista en el turno de la noche, sabado y Domingo; ya que en INATEC trabaja de lunes a viernes, por lo que cuenta con estos otros ingresos.

Este prestamo lo requiere para construir una habitación y asi tener mejor comodidad en el hogar.

Su mayor sueño en la vida es tener estabilidad laboral y darle lo mejor a su familia y mejorar poco a poco su vivienda para lograr mayor comodidad de vida.

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
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Modesto Efrain add a room to his house.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Sep 28, 2010
Nov 1, 2010
Currency Exchange Loss:
Sep 18, 2012