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Triunfadores Group
In this Group: Pablo Jose, Felix Pedro
Sr. Pablo José is married. His wife works as a tortilla maker and produces her product from home. They have four children, two of whom are high school students. Sr. Pablo José raises and sells fattened chickens. The main obstacle in his production has been overcome now that he has received funding from Fundación León 2000. In the future, he wants to build two more coops so that he can produce more chickens as a result of this assistance.


Don Félix Pedro is 62 years old, married, and has four grown children. His wife works with him at a bakery. He makes bread and has experienced a considerable increase in sales as a result of good production. His business faces plenty of competition, so he must improve the quality of his product each day. Customers pay more attention to product quality than price.


These two gentlemen have joined together to access financing for their businesses.

View original language description ↓
El señor Pablo José el señor es casado, su esposa trabaja como tortillera elaborando el producto desde su casa de habitación, tienen 4 hijos, dos de los cuales se encuentran estudiando en secundaria. El señor se dedica a la crianza y venta de pollos de engorde. El obstáculo principal que ha vencido en su producción ha sido la falta de financiamiento que gracias a Fundación León 2000 pudo vencerla. Desea en un futuro construir dos galeras mas para producir más pollos, esto lo hará con ayuda de financiamiento. Don Félix Pedro tiene 62 años, es casado y tiene 4 hijos todos mayores de edad. Su esposa trabaja ayudándole a él en la panadería. Su negocio es la elaboración de pan, la cual ha tenido muy buena producción y las ventas se han incrementado considerablemente. En su negocio tiene bastante competencia y lo que hace es mejorar cada día la calidad del producto, ya que la gente se fija más en la calidad del producto que en el precio del mismo. Es por eso que juntos se han unido para realizar financiamientos a sus negocios.

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

  • $3,636
    Average annual income
  • 72
    View loans »
    Nicaragua Loans Fundraising
  • $23,443,000
    Funds lent in using Kiva
  • 22.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Triunfadores Group's $550 loan helped a member operating capital to build two chicken coops.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2011
Listed
Mar 11, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011