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Domingo Otoniel
Domingo Otoniel, 50 years old, is married and has a 22-year-old daughter, who is economically independent. He is an internal security guard in a local company. He also sells over-the-counter medicine for a company that distributes it. Domingo is a native of Chinandega, which is located in the western part of the country.

The financing he is requesting is to improve his house's condition. Such improvements consist of building a surrounding wall in an "L" shape, because he has been robbed in several occasions, and he needs to have protection for his family. He has wanted to make this improvements for a year, but because of the lack of financing he has not done it. With the financing he will buy the construction materials, such as zinc, sand, cement, lime, bricks, gravel and iron.

Domingo Otoniel would like to give thanks for the help provided by Kiva's investors to people with limited-resources in poor countries such as Nicaragua, in order to have a decent place to live.
View original language description ↓
DOMINGO OTONIEL DE 50 AÑOS DE EDAD,CASADO CON UNA HIJA DE 22 AÑOS, LA CUAL ES INDEPENDIENTE ECONOMICAMENTE. SE DESEMPEÑA COMO GUARDA DE SEGURIDAD INTERNA EN UNA EMPRESA DE LA LOCALDIAAD, TAMBIEN VENDE MEDICAMENTOS POPULARES PARA UNA EMPRESA DISTRIBUIDORA DEL MISMO. DOMINGO ES ORIGINARIO DE CHINANDEGA, QUE ESTA UBICADO EN LA ZONA DE OCCIDENTE DEL PAIS. EL FINANCIMIENTO LO ESTA SOLICITANDO PARA REALIZAR MEJORAS EN SU CASA DE HABITACION QUE CONSISTEN EN LEVANTAR UN MURO PERIMETRAL EN FORMA DE ELE PORQUE EN REITERADAS OCACIONES HA SIDO VICTIMAS DE ROBO, Y NECESITO TENER PROTECCION PARA SU FAMILIA. MEJORAS QUE DESDE HACE UN AÑO LA HE QUERIDO REALIZAR PERO POR FALTA DE FINANCIMIENTO NO LA HE HECHO. CON EL FINANCIMIENTO COMPRARA MATERIAL DE CONSTRUCCION COMO: ZINC, ARENA, CEMENTO,CAL, BLOQUES, PIEDRIN HIERRO. DOMINGO OTONIEL AGRADECE LA AYUDA QUE LE BRINDAN LOS INVERSIONISTA KIVA A PERSONAS DE ESCASOS RECURSO Y PAISES POBRE COMO ES NICARAGUA PARA TENER UN LUGAR DIGNO PARA VIVIR.

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 Nicaragua

  • $4,800
    Average annual income
  • 135
    View loans »
    Nicaragua Loans Fundraising
  • $24,558,975
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Domingo Otoniel to invest in buying construction material, such as zinc, sand, cement, lime, bricks, gravel and iron.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2012
Listed
Oct 12, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013