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Crisanto Roberto
Crisanto Roberto is 50, and works as a teacher in one of the schools in the community where he lives. He has two children. One of them works, and the other is going to school and is still his responsibility.

Crisanto has a dream of improving his home by fixing it up, but the small salary that he earns is insufficient for him to undertake the improvements to his house.

Crisanto Roberto is applying for a loan to carry out the improvements, through the purchase of bricks, cement, sand, and other construction materials.
View original language description ↓
Crisanto Roberto tiene 50 años de edad, el trabaja como profesor de educación en unas de las escuelas de la comunidad donde habita, tiene 2 hijos en el cual uno de ellos ya trabaja el otro está estudiando y lo tiene todavía a su cargo. Crisanto tiene un sueño de mejorar su casa acondicionándola pero el poco salario que genera no le cubre para poder realizar las mejoras a la vivienda. Crisanto Roberto está solicitando financiamiento para realizar las mejoras en la compra de ladrillos, cemento, arena entre otros materiales 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

  • $4,800
    Average annual income
  • 91
    View loans »
    Nicaragua Loans Fundraising
  • $24,770,775
    Funds lent in using Kiva
  • 23.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Crisanto Roberto to buy bricks, cement, sand, and other construction materials.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2011
Listed
Jan 25, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013