Funded

Total loan: $425
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Dagoberto Margarito

Nicaragua
Managua, Nicaragua / Personal Housing Expenses

A loan of $425 helped to buy construction materials to finish closing in a room and improve his living conditions.


Dagoberto Margarito's story

Dagoberto continues providing his taxi service. He's making a better profit since it's his own taxi, although he is earning less now since gasoline is very expensive. He is charging a little more per ride, since demand is low, to earn a daily living. His wife is a housewife. Two of his children are married, and one is in school.

For Dagoberto, improving his home is his priority, since through the [prior] loan that was granted, he was able to make improvements to his taxi; with this new loan, he will finish closing in a room, buy a door, and lay tile. He will buy ten sheets of Plycem [a cement fiber plywood substitute], nails, a door, sand, and cement to start the work, with the objective of improving his living conditions.

Translator profile picture

Translated from Spanish by Kiva volunteer Holly Torpey



Loan details

Loan length:

15 months
Disbursed date: July 23, 2012

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: July 23, 2012