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Grupo Solidario Mujeres De Negocios Group
In this Group: Maria Elena , Teresa De Jesus, Claudia Del Carmen
The group "Mujeres de Negocio" (Women of Business) is made up of young de Tereza de Jesús S. C.. She is a married woman who has two children in her care of whom only her six year old son is in school. Her economic activity is selling baked beans and firewood. Her business' location is in her humble home. Teresa began this business four years ago. Previously, she sold refreshments and ice cream since she didn't have sufficient capital to invest in more products. With the help of her husband, she has been getting ahead. Sometimes he goes out and sells refreshments in their area. Nevertheless, their economic situation does not stop them from getting ahead with their business. The loan that they are requesting is for working capital used to purchase products such as firewood, beans, cheese curds, cheese and cream. Their dreams are that their children may aspire to achieve any academic level.

Her other friend, Claudia del Carmen O. R., is 39 years old. She is a single mother. She has two children in her care. Her economic activity is selling cosmetics. It's been more than five years that she's been working in this business. She started it on her own since she had to get her children ahead and she is a single mother. So with the help of her children, she would go out selling. Since one of them was little, and needed care, sometimes she would go out to sell with her son. The loan that she is requesting is for working capital to purchase creams, perfumes and lotions. Her wish is to suceed with her business.

The last member is María Elena O. R. who is 46 years old. She has two children in her care. Her job is selling cosmetics and sweets. She has been dedicated to this business for more than 15 years. Previously she sold
cajetas (a dessert) and helped to pay the bills. The loan that she is requesting is for working capital to purchase cosmetics.

While the economic activities of these three women is different, each has the dream and desire to get ahead.
View original language description ↓
El grupo solidario Mujeres de Negocio conformado por La joven Tereza de Jesús S. C., es una mujer casada y tiene 2 hijos a su cargo de los cuales solo su hijo de 6 años estudia su actividad económica es la venta de frijoles cocidos y leña. La ubicación es en su humilde vivienda. Teresa empezó este negocio desde hace 4 años. Anteriormente vendía refrescos y helados ya que no poseía el capital suficiente, para invertir en más productos. Con ayuda de su esposo han salido adelante, por lo que algunas veces el salía a vender los refrescos en su comarca, sin embargo la situación económica por la cual ellos pasan no impiden que salgan adelante con su negocio. El financiamiento que solicitan es para capital de trabajo para la compra de productos como leña, frijoles, cuajadas, queso y crema. Sus sueños son que sus hijos puedan aspirar a poseer algún nivel académico. Su otra amiga Claudia del Carmen O. R. tiene la edad de 39años. Es madre soltera. Tiene 2 hijos a su cargo. La actividad económica es la venta de cosméticos. Hace más de 5 años que se dedica a este negocio. Por lo que inicio por cuenta propia, ya que tenía que sacar adelante a sus hijos, ya que es Madre soltera y tenía que salir adelante con sus hijos. Por lo que con la ayuda de sus hijos, salía vender ya que uno de ellos estaba pequeño y necesitaba de cuido, por lo que algunas veces ofrecía sus productos y viajaba con su hijo. El financiamiento que solicita es para capital de trabajo en la compra de cremas, perfumes y lociones. Su deseo es salir adelante con su negocio. Y la ultima es María Elena O. R. tiene 46 años de edad. Tiene 2 hijos a su cargo. Su actividad económica es la venta de cosméticos y dulces. Hace más de 15 años que se dedica a este negocio, por que anteriormente ella se dedicaba a la venta de cajetas así ayudaba para completar de pagar los gastos necesarios. Ya que el financiamiento que solicita es para capital de trabajo para la compra de cosméticos. A pesar de las diferentes actividades económicas que poseen las 3 todas tiene el sueño y el deseo de seguir adelante.

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).

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Nicaragua

  • $4,800
    Average annual income
  • 63
    View loans »
    Nicaragua Loans Fundraising
  • $25,382,700
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Grupo Solidario Mujeres De Negocios Group's $600 loan helped a member working capital.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Jun 23, 2009
Jul 10, 2009
Currency Exchange Loss:
Nov 15, 2009