Maria De Los Angeles
Her living conditions are modest. Her goal has been to improve her house, which she had been building out of concrete. With financing that Afodenic gave in three cycles, she made short-term progress. [With this loan,] she will continue with the building of the front walls, and if her budget allows, purchase metal sheeting and beams for the roof.
Su condicion de vida es sencilla, el cual su meta ha sido la mejora de su casa, que ha venido levantando de concreto, con financiamiento que Afodenic ha dado en tres ciclos, abanzando a corto plazo. Continuara con el levantamiento de paredes en la parte de enfrente, a si como compra de zinc, perlines si le ajusta para su techo.
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