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G.s. Chavarria Group
In this Group: Juana Del Carmen, Paula Emilia

Update on G.s. Chavarria Group

The solidarity group Chavarría is made up of Juana del Carmen, who is 48, married, and has two children, aged 21 and 26, and Paula Emilia. They belong to the department of Chinandega, a well-known commercial area, which is located in the west of the country.

Juana sells general merchandise, which consists of new clothing, shoes, cosmetics, as well as a small shop where she sells goods for daily consumption such as: rice by the pound, quarts of oil, matchbooks, onions, loaves of bread. Juana has 17 years of experience in business activity out of her home and on rounds.

Her daily routine is to get up at 5:00 am to open the shop from a very early hour--to take advantage and sell as her clients have to get up and find breakfast to send their children to class--until 10:00 pm. She started the business with savings from her job as a teacher, from which she had to retire due to illness, and so decided to start her own business.

The objective of this loan is to invest in clothing for women, men and children, and some orders for her clients.

Paula is married and has six children, all of age and independent. Her business is selling refreshments, and she has 18 years experience. She makes the soft drinks with a natural fruit base and cow's milk. Thanks to God and the quality of her drinks, she has regular and transient clients. The business is located at the edge of the local market.

In the photo, we see Paula offering her drinks in an apron with her cooler at the edge of the market.

The solidarity group Chavarría is grateful for the assistance given to small businesses with limited resources and poor countries like Nicaragua.
View original language description ↓
EL grupo solidario Chavarría esta conformado por Juana del Carmen de 48 anos de edad, casada, con dos hijos de 21,26 y Paula Emilia pertenecen al departamento de Chinandega que esta ubicado en el occidente del país una zona muy comercial. Juana su actividad económica es la venta de mercadería en general y pulpería las cuales consisten en vender ropa nueva, calzado, cosméticos, y en la pulpería es una pequeña tienda donde se venden productos de consumo diario al por menor como: arroz por libra, aceite por cuarta, una caja de fosforo, cebolla por unidad, una barra de pan. Actividad que la tiene ubicada en su casa y de forma ambulante, Juana cuenta con 17 anos de experiencia. Su rutina diaria es levantarse a las 5:00 am, para abrir su pulpería desde hora muy temprana para aprovechar y vender ya que sus clientes tienen que levantarse y buscar el desayuno para mandar a sus hijos a clases hasta la 10:00 pm. El negocio lo inicie con ahorros propios de su trabajo como docente en la cual se tuvo que jubilarse por enfermedad y decidió iniciar su propio negocio. El objetivo del préstamo es para invertir en ropa para damas, caballeros y niños y algunos encargos de mis clientes. Y Paula tiene por actividad la venta de refrescos casada, con 6 hijos todos mayores de edad e independiente tiene 18 anos de experiencia los refrescos los elabora a base de frutas naturales, leche de vaca, y gracias a Dios y al calidad de sus frescos es que tienen clientes fijos y eventuales, el negocio lo tiene ubicado en las orillas del mercado de la localidad. En la foto observamos a la Sra Paula ofreciendo sus refresco con un delantal y su termo en la orrilas del mercado. El grupo solidario Chavarría agradece la ayuda que le brindan a los pequeños comerciantes de escasos recursos y países pobre como es Nicaragua.

Previous Loan Details

The C. solidarity group is made up of Paula Emilia and Juana Del Carmen. Paula sells drinks, and has made her living doing this for 21 years. She sells in the bus station where approximately 50 to 100 people pass by every day; this is very profitable. Juana has a general store, and has had this... More from G.s. Chavarria 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

  • $4,800
    Average annual income
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $25,413,450
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of G.s. Chavarria Group's $425 loan helped a member to invest in the purchase of dairy products and general merchandise and natural soft drinks.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Sep 5, 2012
Sep 20, 2012
Currency Exchange Loss:
Feb 15, 2013