Check out some available loans that are similar to this one!
G/s Mujeres Emprendedoras Group
In this Group: Brenda Carolina, Cristian Isabel, Elisa Antonia, Berta Francisca
The loan group Mujeres Emprendedoras (Enterprising Women) is comprised of 4 members, responsible women who care for 10 children. They are natives of the northern area of the region. They are hardworking, responsible, and have a great desire to overcome problems. Unfortunately, because of a lack of economic resources, they were not able to finish their education and were obliged to work from a very young age to help with the household expenses. Currently, they work hard day in and day out to offer a better future to their children.
Thanks to her efforts and desire to get ahead, the coordinator is Brenda and she works selling products such as pants, shorts, skirts, shirts, dresses, underwear, sleepwear, kids' clothes, and cosmetics. She works about 10 hours a day in her business, offering her products for sale, The goal of this loan is to have business capital to supply her store so that, in the not too distant future, she will have better income. The loan group Mujeres Emprendedoras is grateful for the help that the Kiva lenders offer people of scarce resources and poor countries like Nicaragua to have dignified work.
View original language description ↓
El g.s. Mujeres Emprendedoras está conformada por cuatro integrantes, mujeres responsables con diez hijos bajo su responsabilidad. Son originarias de la zona norte de la región. Se caracterizan por ser trabajadoras, responsables con ganas de superación personal. Lamentablemente por falta de recursos económicos no pudieron cursar una carrera y se vieron obligadas a trabajar desde temprana edad, para ayudar con los gastos del hogar. En la actualidad luchan día a día para brindarles un futuro mejor a sus hijos.

Gracias a su esfuerzo y sus ganas de salir adelante la coordinadora es Brenda y tiene por actividad económica la venta mercadería en general como pantalones, shores, faldas, camisas, vestidos, ropa interior, ropa de cama, ropa de niños, cosméticos. Ella dedica a su negocio unas 10 horas diarias ofreciendo sus productos. 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. Mujeres Emprendedoras agradece la ayuda que los inversionistas kiva les brindan a personas de escasos recursos y países pobre como es Nicaragua para tener un medio de trabajo digno.

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.

Tags

About Nicaragua

  • $4,800
    Average annual income
  • 132
    View loans »
    Nicaragua Loans Fundraising
  • $24,558,975
    Funds lent in using Kiva
  • 25.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of G/s Mujeres Emprendedoras Group's $1,050 loan helped a member have business capital to supply her store selling pants, shorts, skirts, shirts, dresses, underwear, sleepwear, kids' clothes, and cosmetics.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2014
Listed
Jan 26, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 24, 2014