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Don Sebastian is 37 years old. He has worked with great responsibility and honesty as an elementary school teacher in the Fonseca neighborhood for 16 years. He has 2 children aged 12 and 15. They are in elementaru and secondary school. His wife take care of the household duties and caring for the children. Sebastian is studying now at the University to be able to get his degree in Educational Science and practice his profession more effectively.

He is asking for his fourth loan to build a bedroom for his older daughter since she needs more privacy.

His biggest dreams are for his children to study and grow in a healthy atmosphere and for them to lack for nothing.
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Don Sebastian de 37 años de edad, labora como docente de primaria en la colonia la Fonseca desde hace 16 años desempeñandose con gran responsabilidad y honestidad, tiene 2 niños de 12 y 15 años de edad, ambos estudian su primaria y secundaria, su esposa se encarga de realizar los quehaceres del hogar y del cuido de sus hijos, don Sebastian actualmente està estudiando en la Universidad para asi lograr obtener su titulo de licenciatura en ciencias de la Educaciòn y ejercer su profesion con mayor eficiencia.

Solicita su 4to crèdito para construir una habitaciòn para su hija mayor ya que necesita mas privecidad,

Su mayor sueños en la vida es que su hijos estudien y crezcan en un ambiente sano y que no les haga falta nada.

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
  • 61
    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 $700 helped Ssebastian to build a bedroom.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 23, 2010
Nov 3, 2010
Currency Exchange Loss:
Oct 15, 2011