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Juan
Juan is from Waspam. He is 38 years old, and married with two school-age children. He has not replaced the wood on his stilt house for ten years. He is requesting a loan to improve his home and purchase building materials. His dream is to have a cement home.
View original language description ↓
Juan: Es originario de Waspam, tiene 38 años de edad, casado con 2 hijos en edad escolar. Desde hace 10 años que no cambia la madera de su casa de tambo. Solicita financiamiento para mejorar su vivienda y comprar materiales de construcción. Su sueño es una 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.

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About Nicaragua

  • $3,636
    Average annual income
  • 164
    View loans »
    Nicaragua Loans Fundraising
  • $23,187,275
    Funds lent in using Kiva
  • 26.0
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $775 helped Juan to replace the wood on his stilt home.
51% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2014
Listed
Jun 30, 2014
Currency Exchange Loss:
Possible