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Sandra Patricia
Sandra Patricia is 40 years old. She is a teacher at a primary school and has to get up early every day to go to work. Sandra has personal dreams, one of which is to make improvements to her house. She has wanted to make these improvements for the last 4 years but was unable to as she had to take of the family's needs. She has a son who is 17 years old for whom she is responsible. The reason for the loan is to buy cement blocks, zinc, cement and sand.
View original language description ↓
Sandra Patricia tiene 40 años, es docente de una escuela primaria tiene que levantarse temprano todos los días para realizar su trabajo. Sandra tiene sueños personales uno de ellos es proporcionarle mejoras a su vivienda. Ella quería realizar estas mejoras desde hace cuatro años, el motivo por el cual no podía realizarlas fue que tenía que suplir las necesidades de su familia. Tiene 1 hijo de 17 años, que está a su cargo. El motivo del crédito es para la compra de bloques, zinc, cemento, arena.

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

  • $4,800
    Average annual income
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 22.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Sandra Patricia to buy cement blocks, zinc, cement and sand.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2011
Listed
Oct 25, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2013