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Eugenio Gregorio
Eugenio, age 52, is a taxi driver. Every day he goes looking for his daily bread. He has had this business for years. Eugenio has a house, which he got through great effort. He wants to make some improvements to the house, but he has not done so due to the lack of money.

Eugenio is requesting a loan to make improvements to his house. He will repair the roof and the bathroom and make some other improvements. He will use the loan to buy construction materials.
View original language description ↓
Eugenio tiene 52 años de edad, el es una taxista que todos los días sale para buscar el pan de cada día, ya tiene años en este negocio. Eugenio tiene su vivienda que la adquirió con mucho esfuerzo por tanto le quiere hacer la mejoras a su vivienda que por falta de dinero no la había realizado. Eugenio está solicitando financiamiento para realizarles las mejoras a la vivienda repara el techo y el baño entre otras mejoras que le hará con el crédito comprara 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

  • $3,636
    Average annual income
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $24,043,075
    Funds lent in using Kiva
  • 23.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Eugenio Gregorio to buy construction materials.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 29, 2011
Listed
Jan 26, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013