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Emir is 38 years old. He works together with his partner buying cement and selling it outside Managua and this is how he pays for his four children’s food and education.

This is Emir’s first loan with AFODENIC; he is planning to build a second floor in his house and he needs to buy zinc sheets, beams, panels for the divisions, cement, sand, bricks and iron, among other materials. This will give him and his beautiful family a more comfortable place where to live.
View original language description ↓
Emir tiene 38 años de edad, su compañera le ayuda en el negocio, la cual consiste en la compra y venta de de cemento que va a vender fuera de Managua, con estos ingresos ayuda a sus cuatro hijos para que estudien y no les falte lo primordial la alimentación. Esta es la primera vez que Emir está solicitando crédito con Afodenic, para construir un segundo piso en su casa de habitación, para esto necesita comprar laminas de zinc, perlines, plycem para las divisiones, cemento, arena, bloques, hierro entre otros materiales, esto le permitirá más comodidad para vivir con su hermosa 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
  • 33
    View loans »
    Nicaragua Loans Fundraising
  • $26,398,725
    Funds lent in using Kiva
  • 24.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Emir to buy building materials like zinc sheets, cement, sand, bricks and iron.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Mar 27, 2013
Apr 9, 2013
Currency Exchange Loss:
Jun 17, 2014