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Arnulfo Jose
Señor Arnulfo lives in the Ticuantepe zone. He is married and the father of two children. He works for a private business in Managua. His wife has been working as a saleswoman for three years. They hope to give their children a better future and to improve the condition of their home. Señor Arnulfo and his wife split the household expenses between them, but it has been very difficult for them to put together enough money to purchase the materials they need to finish construction on their house. With this new loan, they will purchase the following materials: cement, sand, iron, gravel, tile, Bondex, etc. Señor Arnulfo is grateful for the help he has been offered by Afodenic and Kiva.
View original language description ↓
El señor Arnulfo Habitante de la zona de Ticuantepe, casado padre de 2 niños, trabaja para una empresa privada en la Managua, su esposa comerciante desde hace 3 años, sueñan con darles un mejor provenir a sus hijos y mejorar de condiciones en el hogar entre los dos se dividen los gastos, pero se las hace muy complicado recaudar de una sola vez el dinero para comprar los materiales y terminar de construir su casa. Con este nuevo financiamiento comprar los siguientes Materiales: Cemento, Arena, Hierro, Piedrin, Ceramica, Bondex, etc. El señor Arnulfo Agradece el Apoyo brindado por Afodenic y Fondos Kiva.

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
  • 56
    View loans »
    Nicaragua Loans Fundraising
  • $26,430,500
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Arnulfo Jose to purchase construction materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 6, 2012
Jan 1, 2013
Currency Exchange Loss:
Jan 18, 2014