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G.s. Rios De Agua Viva Group
In this Group: Mario Jonathan, Ebelia, Jaime Antonio

Update on G.s. Rios De Agua Viva Group

The ‘Ríos de Agua Viva’ [Rivers of Living Water] communal bank is comprised of three members, Ebelia, Mario, and Jaime. All three of them are married with five minor children that are their responsibility. They are from the León department, which is in the western area of the country. They got together with the objective of mutually supporting each other in order to receive the benefit of this loan. They have different business activities.

Ebelia is the coordinator of the group. Her business is a mini-market that she has at her house. This is a small store where she sells food products. She sells things like small bags of coffee, small bags of shampoo, bread, milk, beans, canned juice, detergent, and soap. She has been doing this for 13 years, and her business is in her home.

She needs the loan for working capital and to stock her store with food products.

The Ríos de Agua Viva communal bank is grateful for the help that the Kiva lenders give to people with scarce resources and in poor countries like Nicaragua so that the borrowers have the means to have a decent life.
View original language description ↓
G.S. Ríos de Agua Viva esta conformado por tres integrantes los cuales son: Ebelia, Mario, Jaime, los tres son casados, con 5 hijos menores de edad bajo su responsabilidad. Ellos son originarios del departamento de León, lugar que esta ubicado en la zona de occidente del país. Ellos se unieron con el objetivo de apoyarse mutuamente para ser beneficiados con el credito.tiene diferentes actividades económicas. Ebelia es la coordinadora del grupo solidario y tiene por negocio una pulpería ubicada en su casa de habitación. Una pulpería es una pequeña tienda con venta de productos comestible la cual vende en cantidades pequeña como: bolsitas de café, bolsitas de shaapo, pan, leche, frijoles, jugos enlatados, detergente, jabón. Desde hace 13 anos que se dedica a dicha actividad. Y la tiene ubicado en su casa de habitación. El financiamiento lo necesita para invertir en capital de trabajo y surtir su pulpería con productos comestible. El grupo solidario Ríos de Agua Viva agradece la ayuda que le brindan los inversionistas kiva a personas de escasos recursos y países pobre como es Nicaragua para tener un medio de vida digno.

Previous Loan Details

Jaime Antonio Ebelia and Mario make up the Ríos de Agua Viva (Rivers of Living Water) communal bank. They have different economic activities. They are very hard working people who enjoy having a means of support that produces family income necessary for the household. Jaime has sold chicken ... More from G.s. Rios De Agua Viva 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
  • 89
    View loans »
    Nicaragua Loans Fundraising
  • $25,032,475
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD
A portion of G.s. Rios De Agua Viva Group's $1,100 loan helped a member to stock her store by purchasing small bags of coffee, small bags of shampoo, bread, milk, beans, canned juice, detergent, and soap.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 25, 2012
Nov 13, 2012
Currency Exchange Loss:
Dec 13, 2012