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G.s. Dios Es Amor Group
In this Group: Santos Francisca, Julia Bertha , Dany

Update on G.s. Dios Es Amor Group

The “Dios es Amor” (God is Love) communal bank consists of three members. Santos Francisca, 47, is single living in Chinandega Department in the west of the country. She owns a bakery in a district adjacent to her address and she also owns a mill whose services she sells to her community. She also has a small grocery store that produces extra income. She pays cash for all her purchases. She started her businesses with her own capital in order to support her children.

Julia, 46, is single and is from the same place. She sells general merchandise and also sells mobile phones, accessories, silver, laminated and steel jewelry. She pays cash for her purchases and sells from place to place in other places for cash and on credit collecting weekly, biweekly and monthly. One of her goals and objectives is to be able to make the business grow to increase her income.

Dany, 29, is also from the same place. He owns a bakery located near his home and pays cash for his raw materials. His sales are cash-based and are from place to place in adjacent districts. One of his dreams is to improve his bakery’s tools to improve production and earn higher income.

The God is Love group is requesting the loan to buy working capital that will be used to improve the businesses and provide economic stability for their families this way.
View original language description ↓
El G.S Dios es Amor, está conformado por tres integrantes entre ellos, Santos Francisca de 47 años de edad, soltera y del domicilio del departamento de Chinandega en el occidente del país, quien es propietaria de una panadería ubicada en una comarca aledaña a su domicilio, también cuenta con un molino con el que vende sus servicios a la comunidad, y una pequeña pulpería, con la que obtiene más ingresos ella realiza sus compras al contado; inicio sus negocios con capital propio para poder sacar adelante a sus hijos; Julia de 46 años, soltera y del mismo domicilio, se dedica a la venta de mercadería en general así como también a la venta de celulares, accesorios, prendas de platas, laminado y acero, ella realiza sus compras al contado, sus ventas las realiza de manera ambulante en otros lugares, al contado y al crédito el cual lo recupera semanal, quincenal y mensualmente, una de sus metas y sueños es poder hacer que crezca su negocio y poder incrementar sus ingresos; Dany de 29 años de edad y del mismo domicilio es propietario de una panadería ubicada cerca de su domicilio el realiza sus compras de materia prima al contado y sus ventas las realiza de manera ambulante, en comarcas aledañas, al contado, uno de sus sueños es poder mejorar las herramientas de su panadería para tener mejorar la producción y tener más ingresos, el G.S Dios es Amor, solicita crédito para la compra de capital de trabajo el cual servirá para mejoras en los negocios y de esa forma tener una estabilidad económica en sus familias.

Previous Loan Details

Santos Francisca is 46 years old, a widow, and the mother of five children of 15, 18, 23, 27, and 29. Only one of her children is still in secondary education, with the others now being independent. Santos set up her business with financial support from her husband who died when the business h... More from G.s. Dios Es Amor 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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $25,382,700
    Funds lent in using Kiva
  • 25.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of G.s. Dios Es Amor Group's $1,975 loan helped a member to buy stock merchandise for her store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 26, 2013
Nov 11, 2013
Currency Exchange Loss:
Jul 17, 2014