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Luz Marina
Luz Marina is married, and she has two children under the age of 40.

She sells general merchandise. This way of life has allowed her to get her children ahead and to be financially independent. Luz Marina has demonstrated herself to be responsible and hard working.

She has goals and personal dreams like to finish building and making improvements to her house. She will do this to be able to provide her children with security.

She wants to use the loan to buy construction materials like zinc sheeting, sand, cement blocks, bricks, wood, nails, and lumber, among others.
View original language description ↓
Luz Marina, es casada, con dos hijos menores de 40 años de edad, se dedica a la venta de mercadería en general , forma de vida que le ha permito sacar adelante a sus hijos, y de ser independiente económicamente, en la actualidad luz marina ha demostrado ser responsable, trabajadora y con metas y sueños personales, como es termina de construir y hacer mejoras en su casa de habitación, para poder darles seguridad a sus hijos, el financiamiento lo quiere para comprar material de construcción como : zinc, arena, cemento bloques, ladrillos, madera, clavos, alfajillas, 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
  • 172
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,250
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Luz Marina to buy construction materials like zinc sheeting, sand, cement blocks, bricks, wood, nails, and lumber, among others.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2012
Listed
Jun 14, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013