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Maria Dora
Maria Dora is 53 years old and she works as a secretary at the local City Hall. Maria tells us that her salary isn’t enough to make renovations to her home, a home she acquired with much sacrifice. One of her dreams is to renovate her home, but without the money she hasn’t been able to do it. Mari Dora is asking for a loan to renovate her home and to buy bricks, cement and ceramic, among other construction materials.
View original language description ↓
Maria Dora tiene 53 años de edad, ella trabaja como secretaria en la alcaldía de la localidad, nos expresa Maria que el salario que devenga no le cubre para realizar las mejoras de su vivienda que con mucho sacrificio la adquirió y que uno de sus sueños es de realizarle las mejoras de su vivienda por falta de dinero no las había realiza. Maria Dora está solicitando crédito para realizar las mejoras lo cual comprar bloque, cemento, cerámica, 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
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,450
    Funds lent in using Kiva
  • 23.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Maria Dora buy bricks, cement and ceramic among other construction materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 4, 2012
Listed
Feb 7, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012