Luisa Francisca, 44, is married and has five children aged 26, 24, 22, 19 and 17 years. Only one of them is still in school. Luisa is a very hardworking person who works as an elementary school teacher. She’s gradually been doing home improvements and is very grateful for the support she’s been given because with her previous loans she was able to buy supplies to do some of the home improvements. Her life has changed with the support she’s been given because now she has better protection for her children. Luisa has requested financing to do some home improvements (to fix up her youngest son’s bedroom). She will buy building supplies like cement, sand, metal sheeting, paint, rebar and other supplies and will also pay labor costs. One of her wishes is to continue improving her home.
Luisa Francisca 44 años de edad, casada con cinco hijos de 26,24,22,19 y 17 de edad, solo uno no estudia, Luisa es una persona muy trabajadora se dedica a brindar el servicio de docente activa en una escuela de primaria, ella poco a poco ha ido mejorando su vivienda está muy agradecida con el apoyo que Fundación León 2000, le ha brindado en créditos anteriores ha logrado comprar materiales para realizar algunas mejoras en su hogar, su vida ha cambiado con esta apoyo que se le ha dado porque siente que ahora tiene una mejor protección para sus hijos, Luisa está solicitando financiamiento para la realizar ciertas mejoras en su hogar( el arreglo de un cuarto para su hijo menor) como la compra de materiales de construcción: cemento, arena, zin, mano de obra, pintura, hierro y otros materiales más. Uno de su deseo es ir mejorando su vivienda.
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.