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G / S Comerciantes De Mariscos Group
In this Group: Noemi, Diana Raquel, Angelita Dora
The Comerciantes de Mariscos solidarity group is made up of three people, Noemí, Diana, and Angelita, single mothers with five children in their care. They're from Managua, located in the center of the country. They're responsible and hardworking people with a desire for personal self-improvement. Unfortunately they weren't able to study because they lacked the economic resources. And they strive every day to give their children the best.

Diana's the coordinator of the group so she's responsible for making timely payments for the group. Thanks to her effort and her desire to get ahead she has a business selling shellfish located in some of the town markets. She devotes about 10 hours a day to her business.

The goal of the loan is to invest in working capital and stock her business so she can earn better income in the near future.

The Comerciantes de Mariscos solidarity group is grateful for the help that Kiva lenders give to low-income people and poor countries such as Nicaragua so they have a source of decent work.
View original language description ↓
El grupo solidario Comerciantes de Mariscos está conformado por tres personas, Noemí, Diana, Angelita, Madres solteras con cinco hijos bajo su responsabilidad. Ellas son originarias de Managua, lugar que está ubicado en la zona central del país. Son personas responsables, trabajadoras, con ganas de superación personal. Lamentablemente no pudieron estudiar por falta de recursos económicos. Y luchan día a día para brindarles los mejor a sus hijos. Diana es la cordinadora del G.S la que se encarga de la responsabilidad de pago de las integrantes en tiempo y forma.

Gracias a su esfuerzo y sus ganas de salir adelante tiene por actividad económica la venta de Mariscos que está ubicado en unos de los mercados de la localidad. Ellas dedican a su negocio unas 10 horas diarias. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio, para que en un futuro no muy lejano pueda obtener mejores ingresos. El g.s Comerciantes de Mariscos agradece la ayuda que los inversionistas kiva les brindan a personas de escasos recursos y países pobre como es Nicaragua para tener fuentes de trabajo dignas.

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

  • $3,636
    Average annual income
  • 146
    View loans »
    Nicaragua Loans Fundraising
  • $24,071,325
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of G / S Comerciantes De Mariscos Group's $1,550 loan helped a member to buy shellfish.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2013
Listed
May 1, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014