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Juan Felipe
Juan Felipe is 39 years old and has 3 younger children. He works as a security guard and this entrepreneur is responsible, hard-working and has the desire to advance himself. He would like to make home improvements in order to provide his 3 kids better living conditions. The necessary home improvements are to finish the kitchen. From the loan, he plans on purchasing construction materials such as: zinc, cement, bricks, wood, lime, nails, stakes, wire, and iron amongst other things.
View original language description ↓
Juan Felipe de 39 años de edad, con tres hijos menores, de desempeña como agente de seguridad, este emprendedor es responsable, trabajador con ganas de superacion personal como es realizar mejoras a su vivienda para brindarle mejores condiciones de vida a sus hijos, las mejoras consisten en realizar la parte de la cocina de su vivienda, del financiamiento comprara material de construccion como: zin, cemento, ladrillos, madera, cal, clavos, alfajillas, alambre, hierro, 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

  • $4,800
    Average annual income
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $25,413,450
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Juan Felipe to purchase zinc, cement, bricks, wood, lime, nails, stakes, wire, iron, amongst others.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 11, 2012
Jul 27, 2012
Currency Exchange Loss:
Jun 18, 2013