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Suyen Damaris
Suyen is a friendly woman and a native of Puerto Cabezas. She is 27 years old, married, and has a three-year old son. For approximately ten years she has lived in a small house made of wood. Now she wishes to have a concrete house so she is seeking a loan to buy construction materials: cement, cement blocks, steel rods, zinc sheeting, nails, fine sand, coarse sand, and hire laborers to do the work. Her dream is to have safe house in which to live a decent life.
View original language description ↓
Es una mujer sociable, originaria de Puerto Cabezas, tiene 27 años de edad, casada, tiene 1 hijo de 3 años de edad. Desde hace aproximadamente 10 años habita en una pequeña casita de tambo de madera. Con el objetivo tener su vivienda de concreto, solicita financiamiento, para comprar materiales de construcción: cemento, bloque, hierro, zinc, clavos arena fina, arena gruesa y cubrir los costos de mano de obra. Su sueño es tener una vivienda segura que le brinde las condiciones necesarias.

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.

Tags

About Nicaragua

  • $3,636
    Average annual income
  • 65
    View loans »
    Nicaragua Loans Fundraising
  • $23,480,375
    Funds lent in using Kiva
  • 25.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Suyen Damaris buy cement, cement blocks, steel rods, zinc sheeting, nails, fine sand, coarse sand, and hire laborers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 13, 2014
Listed
Jun 20, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014