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José René
José René is married, has two young children and lives in La Unión, Nueva Guinea. He has been a teacher at Rubén Dario school for the past three years. He is a very responsible family man, and his wife helps him with the household expenses. He is asking AFODENIC for this loan in order to make improvements to his home, specifically to plaster the walls of the kitchen. He will use the loan money to buy building materials to make the improvements which will make his family more comfortable. José René is very motivated to overcome his situation; he is honest and responsible. He is also a student at URACCAN University. He is happy to have benefitted from this institution as he has used previous loans to gradually make improvements to his home. He dreams of having work stability, health and a decent home with good living conditions for his family.
José René es casado, tiene 2 hijos pequeños, habita en la colonia La Unión de Nueva Guinea, labora como docente en la escuela Rubén Dario desde hace 3 años, es una persona que asume con responsabilidad los deberes del nucleo familiar cuenta con el apoyo de su esposa para los gastos del hogar, esta solicitando refinanciamiento a la institución de AFODENIC para realizar mejora de su casa de habitación en la cocina haciendo un repello en las paredes de esta, con el credito desea comprar material de construción y poder realizar la mejora que brindara mayor comodidad a su familia; José René tiene alto deseo de superación, honesto y responsable, actualmente estudia en la universidad URACCAN, se siente satisfecho por los beneficio que ha recibido por la institución pues con los creditos ha logrado mejorar poco a poco su vivienda, su sueño es tener estabilidad laboral, salud y una vivienda digna con buenas condiciones humanas para 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
  • 74
    View loans »
    Nicaragua Loans Fundraising
  • $25,787,975
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped José René to fix his kitchen.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Jan 16, 2009
Feb 1, 2009
Currency Exchange Loss:
Jan 19, 2011