Check out some available loans that are similar to this one!
Luis Concepcion
Luis, 55, is a married man. His wife works abroad as a domestic employee because of the current rise in unemployment. He works as a security guard for a shellfish company. He has five children, all adults who work.

He's requesting the loan to begin rebuilding his house of concrete because it's made of very deteriorated wood and corrugated sheet metal. He needs to buy cement, gravel, cinder blocks, sand, rebar, corrugated sheet metal, and wooden beams so he and his family can live in a decent and safe house.
View original language description ↓
Don Luis es un señor de 55 años de edad, casado la esposa trabaja de empleada domestica fuera del país debido al alza de desempleo en la actualidad, el trabaja como guarda de seguridad en una empresa de mariscos tiene 5 hijos todos son mayores de edad y trabajan, el solicita crédito para iniciar la reconstrucción de su casa de concreto ya que esta es de madera muy deteriorada y laminas de zinc para eso necesita comprar cemento, piedrines, bloques, arena, hierro, zinc, perlines para vivir en un techo digno y seguro junto a su familia.

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
  • 50
    View loans »
    Nicaragua Loans Fundraising
  • $26,297,200
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Luis Concepcion to buy cement, gravel, cinder blocks, sand, rebar, corrugated sheet metal, and wooden beams.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 18, 2013
Feb 1, 2013
Currency Exchange Loss:
Feb 17, 2014