Check out some available loans that are similar to this one!
Modesta Del Socorro
Modesta del Socorro has a job as a nurse at a hospital. She is requesting this loan in order to buy construction materials such as blocks, sand, cement, and gravel. Modesta is not able to make improvements to her home because she has to cover the household expenses. She dreams of getting better each day and having this loan will help her make the necessary improvements.
View original language description ↓
Modesta Del Socorro tiene su trabajo que es enfermera en un hospital. Ella solicita este crédito para la compra de materiales de construcción como bloques, arena, cemento y piedrín. Ella no había podido realizar estas mejoras a su vivienda porque tenía que sufragar los gastos del hogar. Sueña con mejorar cada día y poder obtener el financiamiento que será utilizado para las mejoras necesarias.

Additional Information

Fundación Leon 2000

This loan is administered by Fundación Leon 2000. Fundación Leon 2000 began operations in 1993 as the first microfinance institution to serve the western part of Nicaragua, a country which continues to be one of the poorest in the western hemisphere. Fundación Leon 2000 works to further the development of micro, small, and medium enterprises through credit services and management, applying the best credit industry practices and technical expertise. Additionally, Fundación Leon manages several business and financial education programs in the community, specifically for young entrepreneurs and at-risk youth. Fundación Leon 2000’s group of experienced and dedicated employees works in 7 offices in Leon, Chinandega, Chichigalpa, Somotillo, Jinotepe, El Sauce, and Nagarote and serves several thousand clients (the majority of whom are women).

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

  • $3,636
    Average annual income
  • 111
    View loans »
    Nicaragua Loans Fundraising
  • $24,398,000
    Funds lent in using Kiva
  • 22.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Modesta Del Socorro to buy blocks, sand, cement, and gravel for making home improvements.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2011
Listed
Oct 25, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012