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Santiago is a professor working for the Minister of Education as a secondary school teacher, who is asking for his fourth loan. He will buy necessities for the construction of his house. Santiago is known to be a responsible man, honest, and a good worker. He is well liked in the community and workplace because they consider him a man of high morals. His biggest dream in life is to improve the living conditions for his family and he wants to get ahead professionally in order to continue training professionals of the future.
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El profesor Santiago labora para el Ministerio de Educaciòncomo docente de secundaria , esta solicitando su 4to credito el cual invertira en compra de materiales para la construcciòn de su vivienda. Santiago se caracteriza por ser un hombre responsable, honesto y bien trabajador, en su comunidad y en su centro de trabajo es muy querido porque lo consideran comouna persona de buen vivir. Su mayor sueño en la vida es mejorar sus condiciones de vida y la de su familia, ademas espera seguir profesionalizandose para continuar formando a los profesionales del futuro.

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
  • 57
    View loans »
    Nicaragua Loans Fundraising
  • $25,729,225
    Funds lent in using Kiva
  • 22.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Santiago to purchase necessities for construction.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Aug 31, 2011
Sep 23, 2011
Currency Exchange Loss:
Jun 18, 2013