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La Prosperidad Group
In this Group: Ana Joseling, Teresa Del Carmen, Celia Esmeralda, Candida Rosa, Maryuri Yuliett, Manuel Antonio, Marlit Yaneth, Maria De Jesus
The La Prosperidad (Prosperity) loan group is made up of eight members, seven women and one man, who have ten children in their care. They are natives of the Sauce area, which is located in the northern zone of the region. They are known as responsible hard workers, with the will for personal achievement. In their free time, they like to enjoy quality time with their children. Now they strive day after day to offer a better future to their little children.

Thanks to her effort and her will to advance, the coordinator, Marlit, works in raising and selling live pigs. Her business is located at her home, and she works in it about eight hours a day. The purpose of the loan is to invest in working capital and stock her business of buying and selling pigs, so that in the not-too-distant future she can obtain better earnings. La Prosperidad is grateful for the help that the Kiva investors offer to people of limited resources and poor countries such as Nicaragua, so that they can have a means of dignified work.
View original language description ↓
La asociación comunal la prosperidad, está conformada por ocho integrantes siete mujeres y un hombre, con diez hijos bajo su responsabilidad. Son originarias del Sauce lugar que está ubicado en la zona norte de la región. Se caracterizan por ser trabajadoras, responsables, con ganas de superación personal. En sus ratos libre le gusta disfrutar de tiempo de calidad con sus hijos. En la actualidad luchan día a día para brindarles un futuro mejor a sus pequeños hijos.
Gracias a su esfuerzo y sus ganas de salir adelante, la coordinadora es Marlit y tiene por actividad económica la crianza y venta de cerdos en pie. El negocio lo tiene ubicado en su casa de habitación, al cual dedica unas 8 horas dirías. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio en la compra y venta de cerdos para que en un futuro no muy lejano pueda obtener mejores ingresos. La prosperidad agradece la ayuda que los inversionistas kiva le brindan a persona 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.

About Nicaragua

  • $3,636
    Average annual income
  • 141
    View loans »
    Nicaragua Loans Fundraising
  • $24,079,275
    Funds lent in using Kiva
  • 26.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of La Prosperidad Group's $1,000 loan helped a member to buy a batch of live pigs.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 5, 2014
Listed
Apr 12, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 24, 2014