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Jose Alberto

Update on Jose Alberto

José Alberto is married and has children in his care. He is originally from the city of León, which is located in the western zone of the country. José Alberto is a working man, with good manners, and with a desire to succeed personally. He is responsible in his repayments in both time and form. The purpose of this loan is to invest in construction material in order to make improvements to his house such as building the kitchen and changing the roof of some of the rooms. In this way he will protect his family and offer them stability. José Alberto is grateful for the help that the Kiva lenders offer to people who have scarce resources to offer stability to their families.
View original language description ↓
José Alberto, casado con hijos bajo su responsabilidad. Es originario de la ciudad de León. Lugar que está ubicado en la zona de occidente del país. José Alberto es un hombre trabajador, de buenas costumbres, con ganas de superación personal, responsables en sus pagos en tiempo y forma. El objetivo del crédito es invertir en material de construcción para realiza mejoras en su casa de habitación, como es construir la cocina, y cambiar el techo a unos de los cuartos. Y de dicha forma proteger a su familia y brindarles estabilidad. José Alberto agradece la ayuda que los inversionistas kiva les brindan a personas de escasos recursos para brindar estabilidad a su familia.

Previous Loan Details

José Alberto works as a security coordinator; he has two children in his care. He is a very hardworking man who enjoys having this job which has provided him with the means to do some home improvements. He’s asking for a loan to buy cement, metal sheeting and lumber, among others. He dreams wi... More from Jose Alberto's previous loan »

Additional Information

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).

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Nicaragua

  • $4,800
    Average annual income
  • 74
    View loans »
    Nicaragua Loans Fundraising
  • $25,787,975
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Jose Alberto to invest in business capital and to buy construction materials such as zinc, blocks, cement, sand, paint, and lime.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 12, 2012
Jan 4, 2013
Currency Exchange Loss:
Dec 17, 2013
This photo was used before for a previous loan for Jose Alberto. It was first posted on Kiva on Nov, 2011. Learn More