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Bienbenida Catalina
Bienbenida Catalina is a worker in a health clinic in the community where she lives. She has worked for this business several years now. Bienbenida's dream was to have her own living quarters and make them very comfortable. The salary she earns is not enough for her to be able to make the improvements to the house, and so she is seeking the loan in order to make improvements to the house. She will buy construction materials among other items.
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Bienbenida Catalina es una trabajadora del centro de salud de la comunidad donde ella habita, ya tiene varios años de trabajar para esa empresa, el sueño de Bienbenida era tener su vivienda y acondicionarla muy bien, el salario que ella genera no le cumbre para poder realizar las mejoras de la casa, por lo tanto está solicitando para poder realizar las mejoras de la casa con el crédito que está solicitando comprara materiales para construir entre otros.

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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $23,418,850
    Funds lent in using Kiva
  • 23.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Bienbenida Catalina to purchase construction materials.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 28, 2011
Listed
Jan 25, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013