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G.s. Los Triunfadores Group
In this Group: Pablo Jose, Felix Pedro
Mr. Pablo José is married. His wife is a tortilla maker, preparing the product from their house. They have four children, two of whom are studying in school. Pablo raises broiler chickens. He has managed to keep the business afloat, despite his biggest obstacle being the increase in the price of chicken feed, which has reduced his profit margins. The loan requested will be used to purchase birds and feed for them.

Félix Pedro is 62 years old. His business is making bread, the production of which has been very good and sales have increased considerably with the help of loans. Félix's greatest obstacle has always been the need for more capital to be able to grow his business, however he says that he is happy with what he has. His part of the loan will be invested in the purchase of eggs, butter, flour, milk and cheese.
View original language description ↓
El señor Pablo José 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 de pollos de engorde. Gracias a Dios ha logrado mantener el negocio a flote, su mayor obstáculo es que ahora los precios de los concentrados han incrementado reduciendo de esta manera los márgenes de ganancia. El préstamo lo solicita en la compra de aves y comida de engorde para las mismas. Félix Pedro tiene 62 años. Su negocio es la elaboración de pan, la cual ha tenido muy buena producción y las ventas se han incrementado considerablemente con ayuda de los préstamos. Su mayor obstáculo siempre ha sido que necesita más capital para hacer aun más grande el negocio, sin embargo aduce estar contento con lo que tiene. El préstamo será invertido en la compra de huevos, mantequilla, harina, leche y queso.

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
  • 177
    View loans »
    Nicaragua Loans Fundraising
  • $23,211,000
    Funds lent in using Kiva
  • 22.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of G.s. Los Triunfadores Group's $550 loan helped a member to purchase chickens, and chicken feed for fattening them.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2011
Listed
Sep 10, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 24, 2012