Check out other loans that are currently fundraising!
G.s. El Triangulo Group
In this Group: Lucia, Tamara Patricia, Paulita Mercedes
The Triangulo Communal Bank is comprised of Lucia, Tamara, and Paulita. They have different economic activities.

Lucia is 47 years old and she owns a small grocery store. She has 5 children, but they all work and help their mother when they can. She has had the business for over 4 years, and she is famous for her store.

They have all had previous loans for their business. They are asking for this loan for working capital, which is necessary for their businesses. The group has been fighting together to improve the living conditions of their family. They are very hard working people and excellent clients. They all hope that their kids will be able to finish their studies.
View original language description ↓
El grupo solidario Triangulo está conformado por Lucia, Tamara y Paulita tienen diferentes actividades económicas. en caso de Lucia tiene 47 años y su actividad es una pulperia, es madre de 5 hijos, pero todos trabajan de manera independiente y ayudan a su Mama en lo que pueden. por lo que tiene mas de 4 años de tener este negocio, en su vivienda lo que la hecho muy famosa con su pulperia. Por lo que no es el primer financiamiento que solicitan para la buena inversión de sus negocios. Ellas solicitan este capital de trabajo para la compra de materia prima, necesaria para sus actividades. Ellas han sabido luchar juntas para mejorar las condiciones de vida de su familia, son personas muy trabajadoras que son excelentes clientes. El deseo de las 3 es que sus hijos logren finalizar sus estudios.

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
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,739,175
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of G.s. El Triangulo Group's $775 loan helped a member working capital.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2010
Listed
Jan 29, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2010