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G.s Los Hermanos Group
In this Group: Flor Iselda, Seneyda

Update on G.s Los Hermanos Group

The solidarity group Los Hermanos [The Siblings] is made up of two members, Seneyda and Flor Iselda. They are natives of a municipality located in the north of the department of Chinandega. Seneyda and Flor Iselda are sisters, so they decided to request a joint loan to help each other and invest in their respective businesses. As the coordinator of this group, Seneyda is the person responsible for making loan payments and complying with the terms of the loan.

Seneyda is married with two children, both of whom are in high school. She has a grocery business in her home where she sells products such as basic grains, candies and soft drinks. Seneyda started this business 13 years ago to help her family get ahead. One of her dreams is to be able to help her children get ahead and see them complete their studies and become professionals.

Flor Iselda is married with three school-aged children. She works selling cooked beans and tortillas. Flor Iselda is hardworking and honest. She started her small business 12 years ago in order to make a living. One of her greatest dreams is to see her children become independent professionals and to give them a better quality of life.

The solidarity group Los Hermanos thanks Kiva lenders for the help they give to small business owners to get ahead in developing countries like Nicaragua.
View original language description ↓
El G.S. Los hermanos, está conformado por dos integrantes Seneyda y Flor Iselda, originarias de un municipio de Chinandega ubicado al norte de este departamento. Estas integrantes de este grupo son hermanas por lo tanto decidieron optar al crédito bajo la modalidad de grupo solidario para ayudarse mutuamente e invertir en sus respectivos negocios. Seneyda es la coordinadora de este grupo lo cual se encarga de la responsabilidad y cumplimientos de los planes de pago, es casada, madre de dos hijos que estudian en la secundaria, ella tiene una pulpería donde vende productos de consumo como granos básicos, golosinas y refrescos ubicada en su casa de habitación empezó este negocio hace 13 años como una forma de salir adelante y sacar adelante a su familia,los cuales uno de sus sueños es poder sacar adelante a sus hijos el verlos terminar su estudios siendo unos profesionales, flor Iselda casada, madre de tres hijos en edades escolares vende frijoles cocidos y tortillas inicio este negocio para subsistir ya que ella es una mujer trabajadora,honrada y honesta ya tiene 12 años de tener este pequeño negocio, uno de sus sueños principalmente es poder ver a sus hijos todos profesionales e independientes y el darles una mejor calidad de vida. El G.S. Los hermanos agradecen a los inversionistas Kiva la ayuda que les brindan a los pequeños comerciantes de países pobres como es Nicaragua para poder salir adelante.

Previous Loan Details

G.S. "Los Hermanos" is formed by two members, Flor Iselda and Seneyda Pineda. Flor's business is selling tortlllas and cooked beans. Her business is located in her home. She is characterized by being hard-working and responsible, with the will to continue striving every day for the well-being of ... More from G.s Los Hermanos 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
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $25,383,750
    Funds lent in using Kiva
  • 24.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of G.s Los Hermanos Group's $1,350 loan helped a member to buy basic grains such as beans and corn, candies, firewood, soft drinks and other groceries.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 8, 2013
Mar 17, 2013
Currency Exchange Loss:
Feb 17, 2014