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Jehova Es Mi Pastor Group
In this Group: Reyna Maaria , Esperanza , Pascual Arnulfo , Anielka Maria , Vilma Isabel, Yessenia Marcelina , Nelson Esteban, Maria Teresa, Aurelia Maria , Audelis Del Carmen , Dora Del Carmen, Alejandra Catalina , Lissett Del Socorro
'Jehová Es Mi Pastor' (The Lord is my Shepherd) community bank is made up of 13 entrepreneurs who are from the same town. Each of them has their own business. They all support each other and give each other advice regarding their businesses. These entrepreneurs are existing clients of Fundación León 2000. They used their previous loan to increase their stock. Reyna Maria is an entrepreneur who belongs to this group. Her business is slaughtering pigs and she has years of experience in her business. She has a well-defined customer base to whom she offers her products. The entrepreneur is requesting a loan to buy pigs so that she can continue working.
View original language description ↓
El Banco Comunal Jehová Es Mi Pastor, está conformado por 13 emprendedores que son de las misma localidad cada uno de ellos tiene sus negocios, todos ellos se apoyan y se brindan consejos unos a otros para sus negocios que poseen. Estos emprendedores ya han venido trabajando con Fundación León 2000, en el crédito otorgado anteriormente fue para aumentar sus productos. Reyna Maria es una emprendedora parte de este grupo, la actividad económica a la que se dedica es al destace de cerdos ya tiene años de experiencia en el negocio sus clientes ya están definido a los cuales les ofrece, la emprendedora está solicitando financiamiento para la compra cerdos y poder seguir trabajando.

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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,770,775
    Funds lent in using Kiva
  • 23.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Jehova Es Mi Pastor Group's $2,425 loan helped a member to buy pigs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2012
Listed
Mar 23, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012