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Divino Nino Group
In this Group: Telma, Rene Antonio, Gregoria, Lucia, Reyna Isabel , Sayra Noelia , Alba Justina, Jardiel Calixto , Valentina
The communal bank Divino Nino is made up of 9 members, married with children under their responsibility. These members are originally from El Sauce which is located in the northern zone of the country. These people are characterized as honest, hardworking, and well-mannered. In previous loans, they have demonstrated their payment responsibility in time and form.

Lucia is the coordinator of the communal bank who works in the sale of cuajada cheese, traveling and in her home. Lucia’s daily routine is to go out to the street with a bowl of about 10 kilograms on her head for about 8 hours a day to sell cuajada cheese to permanent and possible customers. The result of this activity has been her livelihood and the support of her children. She is struggling day to day to come out ahead. She needs the funding to invest in the working capital for the purchase and sale of cuajada cheese. The communal bank Divino Nino appreciates the help that the Kiva investors provide to these people of limited resources and poor countries like Nicaragua to be able to have dignified work.
View original language description ↓
EL banco comunal Divino Nino esta conformado por 9 integrantes, casados con hijos bajo su responsabilidad. Estos integrantes son originarios del sacue lugar que esta ubicado en la zona norte del país. Estas personas se caracterizan por ser honradas, trabajadoras, de buenas costumbres. En créditos anteriores han demostrado su responsabilidad de pago en tiempo y forma. Lucia es la coordinadora del banco comunal la cual tiene por actividad económica la venta de cuajada ambulante y en su casa. La rutina diaria de Lucia es salir a las calles con una pana de unos 10 kg en su cabeza unas 8 horas diarias a vender cuajadas a clientes fijos y eventuales. El gracias a esta actividad ha sido su medio de vida y el sustento de sus hijos. Luchando día a día para salir adelante. El financiamiento lo necesita para invertir en capital de trabajo en la compra y venta de cuajada. El banco comunal Divino Nino agradece la ayuda que los inversionistas kiva les brindan a personas de escasos recursos y países pobre como es Nicaragua para tener un medio de trabajo digno.

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
  • 76
    View loans »
    Nicaragua Loans Fundraising
  • $25,383,750
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Divino Nino Group's $2,900 loan helped a member to invest in the working capital for the purchase and sale of cuajada cheese.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 19, 2012
Nov 11, 2012
Currency Exchange Loss:
May 17, 2013