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Jose Modesto
Jose lives in the county of Ticuantepe with his wife and children. He works as a security guard for a private company. His future plan is to be able to to finish his home to be able to provide his children the basic condition to live. His biggest challenge is not being able to compile the money needed to buy the materials at one time. The household expenses and the costs of school for his children both make it a little more difficult. With the loan he will buy materials such as cement, blocks, sand, stone, to be able to build his dream. He is thankful for the help of Afodenic and Kiva for the confidence invested in him.
View original language description ↓
El señor Jose habitante del munucipio de Ticuantepe, junto a su esposa e hijos, el trabaja como guarda de seguridad para una empresa privada, sus planes a futuro es poder terminar su casa para poder darles a sus hijos las condiciones necesarios, su mayor dificultad es que no puede recaudar de una sola vez el dinero para la compra de materiales ya que con los gastos del hogar y los gasto del colegio de sus hijos se le dificulta un poco, con este Financiamiento comprara los materiales como: Cemento, Bloques, Arena, Piedrin para empezar a construir su sueño, Agradece el apoyo de Afodenic y Fondos Kiva por la confianza brindada.

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
  • 54
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 24.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Jose Modesto to purchase construction materials.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Feb 28, 2013
Mar 12, 2013
Currency Exchange Loss:
Feb 17, 2014