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G.s. Paso De Dios Group
In this Group: Martina Del Rosario, Marbelly Del Carmen
Martina Del Rosario sells used and new clothing through a mobile business primarily by taking orders. She is a single mother of two children. They are 10 and 13 years old. Her mother lives in her house and works doing housework. Martina sells used and new clothing and her main customers live near her house.

Marbelly Del Carmen has two, young children. They are five and seven years old. Marbelly sells fruits and vegetables. Her obstacle has been overcome thanks to the obtained loan. She will buy supplies needed for her business like melons, watermelon, tomatoes, onions, mangoes and other produce.
View original language description ↓
La señora Martina Del Rosario su negocio consiste en la venta de ropa tanto nueva como usada de manera ambulante principalmente por encargos. Ella es madre soltera, tiene 2 hijos de 10 y 13 años de edad. En su casa habita su mama que trabaja realizando trabajos domésticos. Ella vende ropa usada y nueva, sus principales clientes son las personas que habitan cerca de su casa. La señora Marbelly Del Carmen tiene 2 hijos menores de edad de 5 y 7 años, se dedica a la venta de frutas y verduras. El obstáculo que ha vencido ha sido el conseguir financiamiento que gracias a él podrá comprar la materia prima necesaria para su negocio como melones, sandias, tomates, cebollas, mangos entre otros.

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
  • 175
    View loans »
    Nicaragua Loans Fundraising
  • $23,211,000
    Funds lent in using Kiva
  • 22.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of G.s. Paso De Dios Group's $475 loan helped a member to buy melons, watermelon, tomatoes, onions, mangoes and other produce.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2011
Listed
Mar 29, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2011