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Pedro Francisco
Pedro Francisco, 44, is married with one son who is studying in a university. He is originally from Leon, a place located in the western region of the country. Pedro is a person who is economically disadvantaged and who has a basic salary as a mailman for one of the local institutions.

Regrettably, due to a lack of economic resources, he was unable to study a university degree but he would have liked to have been a mathematician.

The objective of the loan is to build a little house, since with much difficulty he has been able to buy some land, and he hopes to start building in order to have his own place to live. With the funding, he will buy construction material such as sand, cement, roof beams, blocks, nails, and iron.

In this way he will be able to achieve one of his most sought-after dreams of having his own place to live. Pedro Francisco appreciates the help that the Kiva investors offer to people with limited resources and and from poor countries like Nicaragua.
View original language description ↓
Pedro Francisco de 44 años de edad, casado, con un hijo que estudia en la Universidad, originario de Loen, lugar que está ubicado en la zona de occidente del país. Pedro es una persona de escasos recursos económicos con un salario de básico como cartero de una de las instituciones de la localidad. Lamentablemente por falta de recursos económico no pudo cursar una carrera universitaria pero le hubiera gustado ser Matemático
El objetivo del crédito es para la construcción de una casita, ya que con mucha dificulta ha podido comprar un terreno, y desea construir, para tener un lugar propio para vivir. Con el financiamiento comprara material de construcción como arena, cemento, perlines, bloques, clavos, hierro. Y de dicha forma poder cumplir con uno de sus sueños más deseados de tener un lugar propio para vivir. Pedro Francisco agradece la ayuda que los inversionistas kiva les brindan a personas de escasos recursos y países pobre como es Nicaragua .

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

  • $3,636
    Average annual income
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,053,975
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Pedro Francisco to buy construction materials such as sand, cement, roof beams, blocks, nails, and iron.
100% repaid
Repayment Term
24 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2013
Listed
Apr 6, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015