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Clemente Aristides
Clemente lives with his wife and children in the Ticuantepe municipality. He struggles day to day in order to be able to improve their living conditions. Above all, he struggles to finish building their house, which is his greatest dream. His wife helps him with the household expenses. She works as a domestic employee in a private home, and he works for a private company.

He will use the loan to buy the following materials: sand, cement, tiles, and tile mortar, etc. He is grateful for the support that Afodenic and Kiva have given him with the loan they have granted him.
View original language description ↓
El señor Clemente, habita en el municipio de Ticuantepe junto a su esposa e hijos, el lucha dia a dia para poder mejorar sus condiciones de Vida y sobre todo terminar de construir su casa que es su mayor sueño, su esposa le ayuda con los gastos del hogar ya que trabaja como domestica en una casa privada y el labora para una empresa privada, con este credito comprara los siguientes Materiales: Arena, Cemento, Ceramica, Bondex etc. Agradece el apoyo que Afodenic y Fondos Kiva le han brindado con este financiamiento que le han otorgado

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
  • $26,297,675
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $625 helped Clemente Aristides to buy construction materials.
Repayment Term
15 months (Additional Information)
Repayment Schedule
May 29, 2013
Jun 8, 2013
Currency Exchange Loss:
Jul 8, 2013