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Rosa Selena
Rosa Selena, 25, is a very responsible person. She works as a secretary. Rosa wants to make improvements to her home that she hasn't been able to do for lack of enough money.

This is why she is getting the loan to buy cement, "piedrín" [a type of building stone], sand, and other materials.

She is a mature woman who wants the best for the 7-year-old son she is responsible for. In spite of the fact that it hasn't been easy, given the difficulties she faces every day, she doesn't let it get her down.
View original language description ↓
Rosa Selena tiene 25 años, ella es una persona muy responsable su trabajo es de secretaria. Rosa quiere realizar mejoras a su vivienda, que no las había podido realizar por falta suficiente de dinero. Este es motivo por el cual realiza el crédito para la compa de cemento, piedrín, arena, entre otros. Ella es una mujer madura que quiere lo mejor para su hijo de 7 años que está bajo su cargo a pesar de que no ha sido fácil debido a las dificultades que atraviesa a diario, pero que ella no se deja abatir.

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
  • 176
    View loans »
    Nicaragua Loans Fundraising
  • $23,196,575
    Funds lent in using Kiva
  • 22.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Rosa Selena to buy cement, "piedrín" [building stone], sand, and other materials.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 27, 2011
Listed
Nov 3, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2013