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Bello Amanecer Group
In this Group: Juana Guillermina, Maria Enriqueta, Dominga Del Socorro, Isidra Maria, Lidi Maikely, Keyla Maria, Gertrudis Patricia, Norma Isabel , Norma Isabel , Carlos Jose
The communal bank "Bello Amanecer" (beautiful dawn) is composed of Juana Guillermina, María Enriqueta, Dominga Del Socorro, Isidra María, Lidi Maikely, Keyla María, Gertrudis Patricia, Norma Isabel, Carlo José and Norma Isabel. They are responsible people who like the various activities in which they have engaged.

Juana runs a general store that she has owned for over a year, despite the difficulties to keep it because of the harsh competition in her area. Juana does not let her problems get her down and every day she strives to provide for her customers. She will use her loan to buy basic grains, detergents, matches, soups, snacks and other goods.
View original language description ↓
El Banco Comunal conformado por Juana Guillermina, Maria Enriqueta, Dominga Del Socorro, Isidra Maria, Lidi Maikely, Keyla Maria, Gertrudis Patricia, Norma Isabel, Carlo José y Norma Isabel. Son personas responsables que disfrutan de sus diferentes actividades económicas a las que se dedican. En el caso de Juan se dedica a una pulpería, que posee desde hace más de 1 año a pesar que no ha sido fácil mantener esta actividad por la gran competencia que existe Juana no se deja abatir por los problemas y cada día se esmera en el servicio que proporciona a sus clientes. el crédito que solicita es para la compra de granos básicos, detergentes, fósforos, sopas, golosinas 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

  • $4,800
    Average annual income
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,597,675
    Funds lent in using Kiva
  • 22.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Bello Amanecer Group's $1,300 loan helped a member to buy basic grains, detergents, matches, soups, snacks and other goods.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2011
Listed
Aug 31, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2012