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G.s. Mujeres Emprendedoras Group
In this Group: Brenda Carolina, Cristian Isabel
Señora Brenda Carolina has a business selling clothing, plastic and glass products and other general items. One obstacle that she has come up against lately is her customers' lack of cash flow. She wants to continue investing in general merchandise. Her dream is to set up a retail store in the market.

The other group member is Cristian Isabel, who has a business selling general merchandise, such as clothing and footwear, as a street vendor. She has two children, one of whom has just graduated from sixth grade. These women have teamed up together to obtain new financing, so that they can make progress and take advantage of this festive period.
View original language description ↓
La señora Brenda Carolina tiene su negocio que es venta de la comercialización de ropa, productos plásticos y de vidrio y otros artículos en general. Un obstáculo que ha tenido últimamente es la falta de movimiento de parte de los clientes. Ella desea continuar invirtiendo en mercadería en general. Su sueño, es establecer una tienda en el mercado. La otra integrante es Cristian Isabel su negocio que es la venta de mercadería en general, tal como ropa y calzado de manera ambulante. Ella tiene dos hijos, uno de ellos acaba de graduarse de sexto grado de primaria. Juntas se han unido con el fin de obtener un nuevo financiamiento y poder salir adelante y aprovechar estas festividades.

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
  • 104
    View loans »
    Nicaragua Loans Fundraising
  • $24,739,175
    Funds lent in using Kiva
  • 21.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of G.s. Mujeres Emprendedoras Group's $550 loan helped a member working Capital.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 9, 2010
Listed
Dec 18, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011