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Jehova Es Mi Pastor Group
In this Group: Reyna Maaria , Esperanza , Pascual Arnulfo , Vilma Isabel, Maria Teresa, Aurelia Maria , Audelis Del Carmen , Dora Del Carmen, Alejandra Catalina , Lissett Del Socorro , Maria Amparo, Justina Estela, Nelson Esteban

Update on Jehova Es Mi Pastor Group

Jehová es mi Pastor is made up of 13 members, 11 women and two men. They are mothers and together are raising 25 people. They are from Malpaisillo, a place located in the northern part of the country. These people are characterized as responsible, hardworking, eager to get ahead personally. They fight day to day to bring home the daily bread to each of their children, and offer them a better future. Due to a lack of resources, they were unable to go to school and had to work at an early age.

Audelis is the coordinator of the communal bank and her economic activity is a small pulperia in her house. A pulperia is a small store that sells edible products in small quantities such as coffee, shampoo, rice, beans, sugar, bread, milk, detergent, soap, juices, soft drinks, natural juices, and matches. The purpose of the loan is to invest in working capital and stock her business by buying and selling edible products so that in the not so distant future, she can obtain better income. The Jehová es mi Pastor communal bank is grateful for the help that the Kiva investors are giving to people of low income and poor countries such as Nicaragua, so that they may have dignified work.
View original language description ↓
Jehová es mi pastor, está conformado por 13 miembros 11 mujeres y dos varones, madres y responsables con 25 hijos bajo su responsabilidad. Son originarias de Malpaisillo, lugar que está ubicado en la zona norte del país. Estas personas se caracterizan por ser responsables, trabajadoras, con ganas de superación personal, los cuales luchan día a día para proporcionarles el pan de cada a sus hijos, y brindarles un futuro mejor. Ya que ellos por falta de recursos económicos no pudieron estudiar, y se vieron obligados a trabajar desde temprana edad.
Audelis es la coordinadora del banco comunal, y tiene por actividad económica una pulpería en su casa de habitación, una pulpería es una pequeña tienda que vende productos comestibles en cantidades pequeñas como sobre de café, sobre de shampoo, arroz, frijoles, azúcar, pan, leche, detergente, jabón, jugos, gaseosas, refrescos naturales, caja de fósforos. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio en la compra y venta de productos comestibles, para que en un futuro no muy lejano pueda obtener mejores ingresos. El banco comunal Jehová es mi pastor agradece la ayuda que los inversionistas kiva le brindan a personas de escasos recursos y países pobre como es Nicaragua para tener un medio de trabajo digno.

Previous Loan Details

The community bank "Jehova is my Shepherd" is made up of 13 members who are: Lissett del Socorro, Alejandra Catalina, Dora del Carmen, Audelis del Carmen, Aurelia Maria, Pascual Arnulfo, Maria Teresa, Maria Amparo, Vilma Isabel, Anielka Maria, Esperanza, Reyna Maria, Estela. They all perform di... More from Jehova Es Mi Pastor 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
  • 94
    View loans »
    Nicaragua Loans Fundraising
  • $24,742,900
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Jehova Es Mi Pastor Group's $4,300 loan helped a member to invest in working capital and stock her store by buying products such as coffee, shampoo, beans, sugar, bread, milk, detergent, soap, juices, soft drinks, natural juices, and matches.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2013
Listed
Jul 18, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013
This photo was used before for a previous loan for Jehova Es Mi Pastor Group. It was first posted on Kiva on Jul, 2012. Learn More