Angela Del Socorro
Angela's objective is to improve her house, which they have been repairing, thanks to financing from Afodenic during 4 loan cycles. Now, this new loan will be used to plaster walls and finish closing the room they began with the last loan and failed to finish due to lack of construction materials.
Angela will buy materials such as cement blocks, sand, cement, and sponges, and then start the construction. She is content because each day, her house is in better condition.
El objetivo de Angela es la mejora a su vivienda, el cual ha estado reparando gracias a los financiamiento que Afodenic, ah otorgado en cuatro ciclos. hoy con este nuevo prestamo sera para repellar paredes, y terminar de cerrar el cuarto que logro hacer con el credito anterior, ya que por falta de material no termino la obra.
Comprara materiales como: bloques, arena, cemento, esponjas, y comenzar la contruccion. El cual esta contenta por que cada dia, su vivienda esta en mejores condiciones.
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