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G.s. La Holla Y El Comal Group
In this Group: Rosaura Marisol, Maria Magda
The solidarity group (G.S.) LA HOLLA is made up of Rosaura and Maria Magda, both of whom are entrepreneurs who decided to form a group to support each other in financing loans with Fundación Leon 2000. They have been doing well in their businesses, since they are responsible, hard-working women who work consistently to keep up with their clients’ demands.

Rosaura makes a living selling clothing from her home, and she also travels around selling clothing in other locations in her area. She is requesting this loan in order to purchase products and invest in her business, with the hope of satisfying customer demand. She plans to purchase: shirts for men, women and children, skirts in various sizes, socks, underwear and other items.
View original language description ↓
G.S. LA HOLLA está conformado por dos integrantes Rosaura, y Maria Magda estas emprendedora se unieron para apoyarse en los financiamientos que brindad fundación león 2000 para invertir en sus negocios se han podido llevar muy bien, ya que son emprendedoras responsables, buena pagas, trabajadoras, en la actualidad tienen actividades económica diferentes pero con gran demanda de sus clientes , Rosaura tiene venta de ropa nueva de forma ambulantes y en su casa de habitación ella está solicitando el financiamiento para comprar más productos para invertir en el negocio y así sasfifacer la demanda de sus clientela los productos son: Camisas de Mujer, de Hombre, de Niño, Faldas de diferentes tamaños , calcetines, ropa interior, entre otros productos.

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
  • 74
    View loans »
    Nicaragua Loans Fundraising
  • $23,416,850
    Funds lent in using Kiva
  • 23.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of G.s. La Holla Y El Comal Group's $800 loan helped a member to purchase shirts for men, women and children, skirts in different sizes, socks, underwear and other items.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 25, 2012
Listed
May 23, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012