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G.s. Los Cocos Group
In this Group: Maria Isidora, Cristina De La Concepcion
The group named Los Cocos is made up of Maria Isidora and Cristiana De La Conception. Cristiana has a tailoring business. She is a very enterprising individual and she greatly enjoys her occupation. The majority of her clients come to her house, knowing the good quality clothing she makes. One of the challenges that she faces is that she has 2 children who are ill. So she is always looking for a way to come out ahead. Maria has been selling milk for the past 6 years. It has been very helpful in supporting her family. They came together to access a loan. The loan will be used to purchase materials.
View original language description ↓
El grupo solidario Los Cocos están conformados por Maria Isidora y Cristiana De La Concepción. Cristina se dedica a ofrecer el servicio de costura, ella es una persona muy emprendedora y disfruta mucho de su actividad, la mayoría de sus clientes asisten a su vivienda pues ellos conocen la buena calidad de sus prendas de vestir. Uno de los desafíos que enfrenta es que tiene 2 hijos que son enfermos, pues siempre está buscando la manera de salir adelante. Maria se dedica a la venta de leche, hace más de 6 años que tiene este negocio, por lo que ha sido muy productivo para mantener a su familia. Ellas se han unido para realizar este financiamiento que es destinado para la compra de materia prima.

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
  • 103
    View loans »
    Nicaragua Loans Fundraising
  • $24,731,150
    Funds lent in using Kiva
  • 22.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of G.s. Los Cocos Group's $525 loan helped a member to use as working capital.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Feb 23, 2011
Mar 2, 2011
Currency Exchange Loss:
Oct 18, 2011