José, a humble family man, works as a security guard. His wife is a teacher. Together they have to look out for the future of their children and their current well-being. He has plans to build his house completely of concrete, changing the current construction little by little, and enlarging the area of the rooms so that his children can have their own space and not be all together like they are now. Our client has already moved forward with part of the room construction, but it has presented difficulties for him, so he could not continue on his own account. In financing, he has found the necessary support to complete his project. He will use the loan to purchase construction materials: cement, sand, iron, gravel, blocks, supports, purlins, zinc roofing sheets, planks, rebar tie wire, and quarry stone, among other materials, to build the walls and put a roof on the house. He is thankful for the opportunity to build his room and obtain greater security and comfort.
José, humilde, padre de familia, trabaja como guardia de seguridad, su esposa profesora, juntos tienen que velar por el futuro de sus hijos y el bienestar actual. Tiene dentro de sus planes construir su vivienda completamente de concreto cambiando poco a poco la construcción actual y ampliando las arias de cuartos así sus hijos tendrán individualidad y no estar todos juntos como ahora. Nuestro cliente ya lleva adelantado alguna parte de la construcción del cuarto pero se le ha presentado dificultades por la cual no pudo seguir por su cuenta propia, ha encontrado en la financiera el apoyo necesario para cumplir su proyecto. Invirtiendo el préstamo en la compra de materiales de construcción: cemento, arena, hierro, piedrín, bloques, estribu, perlines, laminas de zinc, tablones, alambre de amarre, piedras canteras, entre otros materiales construyendo así las paredes y entechado la casa. Agradece la oportunidad de construir su cuarto, obteniendo mayor seguridad y comodidad.
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.