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Our borrower, from Waspam, is 40-years old and married with 5 school-aged children. She has 11-years of cooking experience and works at the local hospital. Her husband is a farmer. She is applying for a loan that she will use to expand and improve her house. The investment will allow her to pay for the labor and materials--800-feet of lumber, nails, roofing material--she needs for the project. Her hopes for the future are to provide her children with a decent place to live and a good education.
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Es originaria de Waspam, tiene 40 años de edad, casada, con 5 hijos, en edad escolar. Cuenta con una experiencia de 11 años de dedicarse al arte culinaria, trabaja en el hospital del Municipio de Waspam, su esposo es agricultor. Con el objetivo de ampliar y mejorar su vivienda solicita financiamiento para comprar materiales de construcción: 800 pies de madera, clavo, zinc y cubrir costos de mano de obra. Su sueño es vivir en una vivienda más cómoda con su familia y apoyar en la educación sus hijos.

Additional Information

About Pana Pana

Pana Pana is a nonprofit civil association founded in 1990 in Nicaragua. The organization’s official name is Asociacion para el Desarrollo de la Costa Atlantica (Association for the Development of the Atlantic Coast) but they have always been know as Pana Pana which means “mutual help” in the local language.

Pana Pana offers loans for commerce, housing, and a small number of agriculture loans. They also have a small social development unit that runs Pana Pana’s non-financial services. This includes technical assistance for housing loans and the development of a water and sanitation project.

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
  • 64
    View loans »
    Nicaragua Loans Fundraising
  • $25,079,250
    Funds lent in using Kiva
  • 25.7
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $400 helped Martha to expand and improve her house.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Apr 30, 2014
Jun 9, 2014
Currency Exchange Loss:
Jul 9, 2014