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Tito Benito
Tito Benito is hardworking and friendly. He is married with two adult children. For about eight years now he has lived in a stilt house made of wood. He is requesting this loan to buy construction materials such as cement, iron, corrugated metal roofing and nails and to pay for the labor to build a safer and better house made of concrete. His dream is to finish the construction of his concrete house.
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Es un hombre trabajador y sociable, casado con 2 hijos mayores de edad. Desde hace aproximadamente 8 años habita en una casa de tambo y madera. Con el propósito de vivir de manera segura y digna, solicita financiamiento para construir su casa de concreto y comprar materiales de construcción: cemento, hierro, zinc, clavos y cubrir costos de mano de obra. Su sueño es terminar la construcción de su vivienda de concreto.

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

  • $4,800
    Average annual income
  • 133
    View loans »
    Nicaragua Loans Fundraising
  • $24,569,675
    Funds lent in using Kiva
  • 26.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Tito Benito to buy construction materials such as cement, iron, corrugated metal roofing and nails and to pay for the labor to build a safer and better house made of concrete.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2014
Listed
Jun 29, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2015