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Luis Miguel
Luis is 24 years old, married, and has two dependent children. He works as a security guard for the council. He is requesting this loan to invest in building a porch on the front of his house in order to gradually improve his small home so that his children have a place where they can play without danger.
View original language description ↓
Luis de 24 años de edad, es casado, tiene 2 hijos que dependen de el, trabaja como Guarda de Seguridad para la Alcaldia. Solicita el credito para invertirlos en la construccion de un porche en la parte delantera de su casa y asi ir mejorando poco a poco su casita para que sus hijos cuenten con un lugar donde jugar sin peligro.

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
  • 60
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Luis Miguel to build a porch.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
May 24, 2012
Jun 23, 2012
Currency Exchange Loss:
Jan 19, 2013