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G.s Piedra Viva Group
In this Group: Nestor Javier, Maria Del Carmen
Néstor Javier, 42, is married and has five adult children. He is fruit and vegetable merchant. It’s worth mentioning that he considers his orange harvest about to take place to be successful because it’s going to be quite productive and will produce more income for him. He wants to continue investing in the purchase of crops.

Another member of the group is María del Carmen, 63. She’s a widow and has two adult children. She buys and butchers pigs at home. Her children help her out economically. She used the loan to buy piglets. She does not have a lot of competition because where she lives she’s the only one engaged in this activity.

Together they have pledged to pay and thus obtain financing.
View original language description ↓
El señor Néstor Javier tiene 42 años, es casado y tiene 5 hijos ya mayores de edad. El señor es comerciante, se dedica a la compra-venta de frutas y verduras, Cabe señalarse, el señor ha considerado un éxito que la producción de naranjas para esta fecha va a ser muy productiva, permitiéndole obtener más ingresos. Desea continuar invirtiendo en la compra de cosechas. Otro integrante del grupo es doña Maria Del Carmen la cual tiene 63 años de edad, es viuda y tiene dos hijos ya mayores de edad. Ella se dedica a la compra y destace de cerdos, en su casa de habitación. Sus hijos la apoyan económicamente para su manutención. Ella invirtió el crédito en la compra de cerdos pequeños. No tiene mucha competencia ya que donde ella vive solo ella se dedica a esta actividad. Por lo que juntos se han comprometido en pagar y así obtener el financiamiento.

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

  • $4,800
    Average annual income
  • 32
    View loans »
    Nicaragua Loans Fundraising
  • $26,398,725
    Funds lent in using Kiva
  • 22.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of G.s Piedra Viva Group's $525 loan helped a member working capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 12, 2011
Jan 31, 2011
Currency Exchange Loss:
Jul 15, 2011