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Jehova Es Mi Pastor Group
In this Group: Reyna Maaria , Esperanza , Pascual Arnulfo , Anielka Maria , Vilma Isabel, Maria Teresa, Aurelia Maria , Audelis Del Carmen , Dora Del Carmen, Alejandra Catalina , Lissett Del Socorro , Maria Amparo, Justina Estela

Update on Jehova Es Mi Pastor Group

The community bank "Jehova is my Shepherd" is made up of 13 members who are: Lissett del Socorro, Alejandra Catalina, Dora del Carmen, Audelis del Carmen, Aurelia Maria, Pascual Arnulfo, Maria Teresa, Maria Amparo, Vilma Isabel, Anielka Maria, Esperanza, Reyna Maria, Estela. They all perform different economic activities. Audelis del Carmen is the coordinator of the group and has a grocery store located in her home. She needs the loan to be able to invest in basic goods such as rice, sugar, beans, matches, chicken pieces, juices, bread, eggs,cuajada, cheese, flour, condiments, canned soup, tiste ( a local drink), cebada ( a barley drink), and other items.
View original language description ↓
El banco comunal jehova es mi pastor esta conformado por 13 intregrantes los cuales son : Lissett del socorro, Alejandra Catalina, Dora del Carmen, Audelis del Carmen, Aurelia Maria, Pascual Arnulfo, Maria Teresa, Maria Amparo, Vilma Isabel, Anielka Maria, Esperanza, Reyna Maria, Estela. Todos tiene actividad economica diferentes, en el caso de Audelis del Carmen es la cordinadora del banco la cual tiene por actividad economica una pulperia ubicada en su casa de habitacion la el financiamiento lo necesita para invertir en producto de consumo diario como: arroz, azucar, frijoles, fosforo, pollo en piezas, jugos, pan, huevos, cuajada, queso, arina, condimentos, sopa enlatadas, tiste, sebada, entre otros.

Previous Loan Details

'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 Fundació... More from Jehova Es Mi Pastor Group's previous loan »

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).

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $23,659,150
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Jehova Es Mi Pastor Group's $2,525 loan helped a member to buy rice, sugar, beans, matches, chicken pieces, juices, bread, eggs,cuajada, cheese, flour, condiments, canned soup, tiste ( a local drink), cebada ( a barley drink), and other items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2012
Listed
Jul 27, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2013
This photo was used before for a previous loan for Jehova Es Mi Pastor Group. It was first posted on Kiva on Mar, 2012. Learn More