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Telson Misael
Telson Misael is 29 years old, he works as a security guard in one of the local companies and has been working there for many years. Telson has a home to which for a while he has wanted to do renovations on, but with his salary he hasn't been able to work on them. Telson is requesting a loan to work on the renovations of his home and he will buy metal beams, zinc, concrete, sand and other construction materials.
View original language description ↓
Telson Misael tiene 29 años de edad, trabaja como guarda de seguridad en una de las empresas de la localidad ya tiene años de estar trabajando en ella. Telson tiene una vivienda en el cual desde hace rato le ha querido realizar algunas remodelaciones pero con su salario no puede cubrir con todo para realizarlas. Telson está solicitando financiamiento para realizar las remodelaciones a su vivienda lo cual comprara perlines, zinc, 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

  • $3,636
    Average annual income
  • 142
    View loans »
    Nicaragua Loans Fundraising
  • $24,080,875
    Funds lent in using Kiva
  • 23.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Telson Misael to buy metal beams, zinc, concrete, sand and other construction materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2012
Listed
Mar 19, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012