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Sol De Nueva Jerusalen Group
In this Group: Carina , Haidina, Bertha
Carina, 28, is from the city of Bilwi. She’s married and has two children. She’s a cassava, ‘malanga’ [a starchy tuber], banana, ‘quequisque’ [a starchy tuber], fruit and charcoal, among others street vendor. She’s asking for a loan to increase the products she sells to earn higher income to be able to build her house out of concrete and to set up her business in space in the Bilwi market.

Berta and Haidina have market spaces where they sell basic grains like beans, corn and supplies (cassava, malanga, quequisque, bananas, plantain, etc.) They are requesting financing to buy more products for their businesses.
View original language description ↓
Carina, tiene 28 años de edad, es originaria de la Ciudad de Bilwi, está casada y tiene 2 hijos. Es vendedora ambulante de yuca, malanga, plátanos, quequisque, frutas, carbón, entre otros. Está solicitando préstamo para poder aumentar los productos que oferta y generar más ingresos para poder construir su vivienda de concreto y establecer su negocio en un tramo en el mercado de Bilwi.

Berta y Haidina, tienen un tramo en el mercado, donde venden granos básicos: frijoles, maíz y bastimentos. (yuca, malanga, quequisque, plátanos, bananos, filipitas). Solicitan financiamiento para comprar más productos para su negocio.

Additional Information

About Pana Pana

Pana Pana is a nonprofit civil association founded in 1990 in Nicaragua. The organization’s official name is Asociacion para el Desarrollo de la Costa Atlantica (Association for the Development of the Atlantic Coast) but they have always been know as Pana Pana which means “mutual help” in the local language.

Pana Pana offers loans for commerce, housing, and a small number of agriculture loans. They also have a small social development unit that runs Pana Pana’s non-financial services. This includes technical assistance for housing loans and the development of a water and sanitation project.

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
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $25,383,750
    Funds lent in using Kiva
  • 25.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Sol De Nueva Jerusalen Group's $1,400 loan helped a member to buy more fruit and vegetables.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Sep 17, 2013
Oct 15, 2013
Currency Exchange Loss:
Mar 17, 2014