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Luz De Campo Group
In this Group: Anastacia Basilisa, Antonio , Nubia , Leyla Victoria , Maria Eusebia, Nicolasa Danelia , Luz Mila, Julia Yamileth, Candida Natalia, Tomasa Del Socorro, Verania Del Carmen
The “Luz de Campo” communal bank’s members are: Anastasia Basilisa, Antonio, Nubia, Leyla Victoria, Maria Eusebia, Nicolasa, Luz Mila, Julia Yamileth, Cándida Natalia, Tomasa and Verania. All eleven are successful, enterprising people who thanks to their perseverance have succeeded in getting ahead.

Nicolasa Daniela is a young entrepreneur who buys and sells crafts which is a traditional economic activity very sought after by locals and tourists alike in the region. Leyla Victoria also buys and sells crafts and they are seeking financing to buy materials to make the crafts.
View original language description ↓
El Banco comunal Luz De campo esta conformadas por Anastasia Basilisa, Antonio, Nubia, Leyla Victoria, Maria Eusebia, Nicolasa, Luz Mila, Julia Yamileth, Candida Natalia, Tomasa, Verania todos estos 11 emprendedores exitosos que con su perseverancia ha logrado salir adelante.

Nicolasa Danelia es una joven emprendedora que se dedica a la compra y venta de artesanía que es un actividad económica tradicional, ya que es muy buscada por los turistas y nacionales de la región. Leyla Victoria también se dedica a la venta y compra de artesanía ella están solicitando financiamiento para la compra de materiales para la elaboración de las artesanías.

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
  • 132
    View loans »
    Nicaragua Loans Fundraising
  • $24,558,975
    Funds lent in using Kiva
  • 22.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Luz De Campo Group's $1,900 loan helped a member to buy crafts making supplies.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2011
Listed
Dec 26, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 24, 2012