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G.s. Las Mojarras Group
In this Group: Carla Modesta, Saul Jacinto , Irvin Jose
The “Las Mojarras” (The Tilapias) group is composed of three very tenacious people who seek ways to get ahead in life every day. Irvin José is a pig merchant. He’s been in this line of work for over 6 years.

He started thanks to his mother and with his own efforts because he needed to support his family and his 6-year-old son in his care. He’s always been a very responsible man because he’s always thinking of improving his home’s economy.

The reason for the loan request is to buy adult pigs to sell and to buy feed for them so that he can sell them very well fed.
View original language description ↓
El grupo Solidario Las Mojarras está conformado por tres personas muy luchadoras y que cada día buscan como salir adelante. Irvin José tiene su negocio que es compra y venta de cerdos, hace más de 6 años que se dedica a esta actividad inicio por su Mama por esfuerzo propio ya que necesitaba mantener a su familia y su hijo de 6 años a su cargo siempre ha sido un hombre muy responsable pues siempre está pensando en mejorar la económica de su hogar. El motivo del crédito es para la compra de cerdos grandes para poder venderlos y comprar comida para entregarlos muy alimentados.

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
  • $24,823,475
    Funds lent in using Kiva
  • 22.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of G.s. Las Mojarras Group's $875 loan helped a member to buy adult pigs to sell and feed for them.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2011
Listed
May 31, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012