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Pedro Pablo
Pedro Pablo is 43 years old. He has a business selling wood and charcoal. He has the support of his wife who is a teacher in a school in the community where they live. Together, they have worked hard to bring-up their children. Pedro Pablo is requesting a loan to build an addition to his home. He will use the loan to buy cement, iron, sand, and other construction materials.
View original language description ↓
Pedro Pablo tiene 43 años de edad, el tiene su negocio que es la venta de leña y carbón, el recibe el apoyo de su esposa que es maestra de una escuela de la comunidad donde habitan. Juntos han sacado a sus hijos adelante con mucho esfuerzos. Pedro Pablo está solicitando financiamiento para su vivienda lo cual construirá un anexo para la vivienda, el comprara con el crédito cemento, hierro, 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
  • 97
    View loans »
    Nicaragua Loans Fundraising
  • $24,800,300
    Funds lent in using Kiva
  • 23.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Pedro Pablo to buy cement, iron, sand, and other construction materials.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 29, 2011
Listed
Jan 29, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013