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Alba Milagros
Alba Milagro, 59 years old, and single, with 3 grown children, works as a nurse in a local hospital in the town where she lives. Alba Milagro has already worked through Fundacion Leon 2000 and demonstrated her responsability and compliance with her payment schedule.

The financing she wishes is for making improvements to her home, which consist of changing the roof, since it is now in a bad state, due to the sun, water, and the long years it has served. With this financing, she will purchase construction materials such as zinc roofing, rafters, ceiling beams and nails, among other items.
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Alba Milagro de 59 años de edad, soltera, con tres hijos mayores de edad, se desempeña como enfermera en un hospital de la localidad donde vive, Alba Milagro ya ha trabajado con Fundación León 2000 la cual ha demostrado su responsabilidad y cumplimiento de pago, el financiamiento lo quiere para hacer mejoras en su vivienda, que consisten en cambiar el techo ya que se encuentra en mal estado divido al sol, agua y los años que tiene de utilidad. Con el financiamiento comprara material de construcción como: zinc, alfajillas, perlines, clavos, 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
  • 134
    View loans »
    Nicaragua Loans Fundraising
  • $24,060,850
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Alba Milagros buy zinc roofing, rafters, beams, and nails, among other items.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2012
Listed
Aug 13, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014