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Noel Alfredo
View original language description ↓
Noel is requesting a loan to invest in a home-improvement project (construction of a room). For the past 19 years, he has worked as a secondary school teacher at the Rubén Darío Institute.

He is a hard-working man, honest and responsible, who has demonstrated his love of teaching for many years, in spite of the low salary. He does not have any children, but Noel cares for two nephews who are living with him this year while they study, because in the region where they live there is no secondary school.

His dream is to study a master´s degree and to have a more comfortable home and work stability so that he can help out his family, who have limited economic resources.

Translated from Spanish by Molly Puglisi, Kiva volunteer.

Don Noel está solicitando refinanciamiento de su crédito para invertirlo en mejora de su vivienda (construccón de una habitación), trabaja como docente de educación secundaria del Instituto Rubén Darío, desde hace 19 años.

Es un hombre trabajador, honesto y responsable que ha demostrado durante muchos años amor por la docencia a pesar que el salario es poco, no tiene hijos, pero Don Noel cuida a dos sobrinos que este año estan viviendo en su casa, ellos se encentran estudiando ya que en la comarca que ellos viven no hay secundaria.

Su sueño es estudiar una maestria, tener una vivienda con mas condiciones y estabilidad laboral para así ayudar a su familia ya que son de escasos recursos económicos,.

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 Nicaragua

  • $4,800
    Average annual income
  • 38
    View loans »
    Nicaragua Loans Fundraising
  • $26,366,175
    Funds lent in using Kiva
  • 19.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Noel Alfredo build a room onto his home.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jul 7, 2008
Jun 1, 2008
Currency Exchange Loss:
Jun 15, 2010