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G.s. Evenezer Group
In this Group: Esperanza, Placida Maryuris
This solidarity group has 2 members, Esperanza and Placida, who have different economic activities. Esperanza's business is a general store. She has operated it for more than 6 years. Since she is a teacher and her salary does not cover her needs, she decided for this reason to join with Placida and take out a loan together, to improve her household income. It has not been easy because of some health difficulties Esperanza has experienced, but this has not discouraged her from continuing.
View original language description ↓
El grupo solidario consta de 2 integrantes. La señora Esperanza y Placida, tienen diferentes actividades económicas, Esperanza se dedica a una pulpería, tiene más de 6 años pues ella es profesora y su salario no le ajusta por este motivo decide juntarse para realizar un financiamiento juntas para mejorar los ingresos de su hogar. Pues no ha sido fácil por las dificultades de salud que Esperanza ha presentado, pero esto no la desanima a seguir.

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
  • 67
    View loans »
    Nicaragua Loans Fundraising
  • $25,075,600
    Funds lent in using Kiva
  • 21.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of G.s. Evenezer Group's $525 loan helped a member working capital.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Aug 26, 2010
Aug 27, 2010
Currency Exchange Loss:
Jun 15, 2011