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El Buen Pastor Group
In this Group: Angela Justina, Martha, Catalina, Maria Isabel, Ana Patricia, Danelia, Mario Jose, Ana Patricia
The Communal Bank “El Buen Pastor” (The Good Shepherd) was formed as a result of several individuals joining together. All of the members work together in their activities in an atmosphere that promotes solidarity and mutual respect. They define themselves as heads of households who strive day after day to earn more income so that they can provide their children and relatives a better life.


Sra. Catalina has been selling curds and hens for more than 30 years. Her dream is to someday see her daughter become a professional. She is requesting a loan to buy hens and curds.

View original language description ↓
El banco Comunal El Buen Pastor se formó con la unión de varias personas. Todas las integrantes del grupo desarrollan actividades de forma conjunta y dentro de un ambiente de solidaridad y respeto mutuo. Se definen como mujeres jefas de familia, que luchan día a día por obtener mayores ingresos, para que de esa forma puedan brindarles a sus hijos y familiares una vida mejor. La Señora Catalina es se dedica a la venta de cuajada y gallinas, desde hace mas de 30 años. Sueña con algún día su hija sea una profesional.Ella solicita el crédito para la compra de gallinas y cuajadas.

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
  • 138
    View loans »
    Nicaragua Loans Fundraising
  • $24,079,275
    Funds lent in using Kiva
  • 22.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of El Buen Pastor Group's $875 loan helped a member to buy hens and curds.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2011
Listed
Sep 15, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 21, 2012