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G.s. Santa Ana Ii Group
In this Group: Martha Ligia, Teofilo Andres
Teófilo and Martha make up the Santa Ana community bank. Martha's business is selling clothes. She has been in this business for more than four years. Martha has three children who are dependent on her. She will use her loan to buy towels, sheets, pants, shirts, skirts, suits and dresses. She dreams of improving her customer service and improving her home.
View original language description ↓
Teófilo y Martha conforman el grupo solidario Santa Ana. Martha tiene su negocio que es la venta de ropa, desde hace más de 4 años tiene 3 hijos que dependen de ella. El crédito es para la compra de toallas, sabanas, pantalones, camisas, faldas, trajes y vestidos. Ella sueña con mejorar el servicio con sus clientes y proporcionarle mejoras a su vivienda.

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
  • 22.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of G.s. Santa Ana Ii Group's $750 loan helped a member to buy towels, sheets, pants, shirts, skirts, suits and dresses.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Sep 2, 2011
Sep 14, 2011
Currency Exchange Loss:
Nov 17, 2013