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Adrian Rosendo
Adrián Rosendo, 39, is married and has two minor children. His economic activity is carpentry. This entrepreneur is a man who is very devoted to his children and wants to provide them with better living conditions.

He wants the loan to do some home improvements consisting in building a water tank to store potable water and to build a perimeter wall around the carpentry shop so that rain water won’t leak into the room. He will use the loan to buy building materials and supplies like sand, cement, rebar, window and door frames, nails, wire, lime powder and lumber.
View original language description ↓
Adrian Rosendo de 39 años de edad, casado, con 2 hijos menores de edad, tiene por actividad economica una carpinteria, este emprendedor ha sido un hombre bien dedicado, con sus hijos, el cual el quiere brindar mejores condiciones de vida, el financiamiento lo quiere para realizar mejoras en su vivienda la cuales consisten en construccion de una pilar de agua para reservar agua potable, y construir un pared perimetral en la parte de la carpinteria para que el agua lluvia no se introduzca en la habitacion.del financiamiento comprara meterial de construccion como: arena, cemento,hierro, alfajillas, clavos, alambres, cal, madera.

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
  • $23,211,000
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Adrian Rosendo to buy building materials and supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2012
Listed
Jul 27, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2013