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Buena Esperanza Group
In this Group: Lorenza Eveling, Erika Transania, Yamileth Del Carmen, Estebana Del Carmen, Antonia Jaquelin, Aracelys Samaria, Susana, Digna Del Socorro
The communal bank "Buena Esperanza" ["Good Hope"] is made up of Lorenza, Erika, Yamileth, Estebana, Antonio, Aracelys, Susana, and Digna. These entrepreneurs have different tools of their trade, but have demonstrated that they are responsible and hard-working, with an eagerness to have personal success.

Lorenza's economic activity is raising pigs, which she buys and sells at different sizes and prices. Aracely, another member of the bank, works in a convenience store located in her home, which allows her to meet her obligations and additionally to provide her household with what they need. The purpose of her loan is to purchase everyday products such as rice, sugar, oil, soap, detergent, salt, ice, and matches among other things.
View original language description ↓
El Banco comunal Buena esperanza está conformado Lorenza, Erika, Yamileth, Estebana, Antonio, Aracelys, Susana, Digna Estas emprendedoras tiene herramientas de trabajo diferente pero ha demostrado ser responsable , trabajadoras, con ganas de superación personal, lorenza su actividad económica en una crianza de cerdos en la compra y vende de diferentes tamaño y precios otra de las integrantes del banco Aracely se dedica a una pulpería ubicada en su casa de habitación la cual permite sufragar obligaciones y además de proveer lo necesario a su hogar. el motivo del crédito es para la compra de productos de consumo diario como, arroz, azúcar, aceite, jabón, detergente, sal, tiste, hielos, fósforos, entre otros.

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
  • 79
    View loans »
    Nicaragua Loans Fundraising
  • $25,384,750
    Funds lent in using Kiva
  • 23.4
    Nicaragua Cordobas (NIO) = $1 USD
A portion of Buena Esperanza Group's $1,650 loan helped a member to purchase everyday products such as rice, sugar, oil, soap, detergent, salt, ice, and matches among other things.
Repayment Term
9 months (Additional Information)
Repayment Schedule
May 3, 2012
Jun 5, 2012
Currency Exchange Loss:
Jul 5, 2012