Ebelio Vidal, age 42, is from Chinandega. He is a foreman, married with three young children. He is requesting a loan so that he can build a room; he has wanted to do this for several years. Ebelio has already taken out loans from the Fundacion and has demonstrated his responsibility and solvency. His loans from the Fundacion and Kiva have been very helpful for him in building his home bit by bit. He is requesting this loan for the purchase of construction material such as: blocks, sand, cement, zinc, nails, gravel, iron, wire, and other items.
Ebelio Vidal de 42 años de edad de chinandega, el cual se desempeña como maestro de obra, casado con tres hijos menores de edad, esta solicitando el financiamiento para la construccion de un cuarto, el cual quiere realizarlas desde hace varios años, Ebelio ya ha tenido creditos con fundacion el cual ha demostrado su responsabilidad y solvencia de pagos, los financiamiento que fundacion y el programa kiva le han brindado han sido de mucho beneficio para construir poco a poco su vivienda, el esta solicitando el financiamiento para comprar material de construccion como: bloques, arena, cemento zinc, clavos, piedrin, hierro, alambre, entre otros.
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 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.