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Aldo Jose
Aldo José, 34, is a civil engineer working in infrastructure. He has a son in his care who is attending school; he has raised him with much effort. Aldo José has a piece of property that he’s looking for ways to improve because his salary isn’t sufficient to do improvements to his dwelling. So, he’s asking for a loan through Kiva funds to do some home improvements and be able to buy metal sheeting and purlines among other building materials and supplies.
View original language description ↓
Aldo José tiene 34 años de edad, él es ingeniero civil trabaja en el área de infraestructura tiene un hijo a su cargo lo cual está estudiando y lo ha sacado a delante con mucho esfuerzo. Aldo José tiene una propiedad en el cual está buscando como acondicionarla, ya que con su salario no puede hacerle las mejoras a su vivienda, y está solicitando financiamiento atraves de los fondos Kiva para poder acondicionar su vivienda para poder comprar zinc, perlines, entre otros productos de construcción.

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
  • 133
    View loans »
    Nicaragua Loans Fundraising
  • $24,060,850
    Funds lent in using Kiva
  • 22.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Aldo Jose to buy building materials and supplies.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2011
Listed
Dec 7, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2014