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G.s. Juntos Podemos Group
In this Group: Eliu Eleazer, Teresa Del Carmen

Update on G.s. Juntos Podemos Group

The united group "Juntos Podemos" is comprised of Teresa and Eliu. They are both responsible people and this is not the first loan that they have had. Teresa has a grocery store, and most of her customers come to buy products such as: basic grains, noodles, eggs, detergents, bread, sodas, and candy. With much perseverance and dedication, she wants to implement many projects and hopes to do so in the future. They are both requesting the loan to increase the projects that they can buy for the high season when sales are good.
View original language description ↓
El grupo solidario juntos podemos está conformado por Teresa y Eliu. Ambos son personas responsables y no es su primer crédito que está solicitado. Teresa tiene un negocio que es una pulpera, en donde la mayoría de sus clientes llegan a comprar los productos que ofrece como: granos básicos, fideos, huevos, detergentes, pan, refrescos y golosinas. Con mucho empeño y dedicación quiere realizar muchos proyectos que espera en el futuro los realice. Ambos solicitan el crédito para aumentar la compra de productos para esta temporada altas donde las ventas son buenas.

Previous Loan Details

Señora Teresa Del Carmen is a native of La Concepción. She runs a general store located in her house. She considers her store a success as she has been able to purchase appliances for her convenience and also maintain her capital. Her main problem has been family sicknesses. There isn't much ... More from G.s. Juntos Podemos Group's previous loan »

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).

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 84
    View loans »
    Nicaragua Loans Fundraising
  • $25,792,450
    Funds lent in using Kiva
  • 22.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of G.s. Juntos Podemos Group's $525 loan helped a member to buy basic grains, noodles, eggs, detergents, bread, sodas, and candy.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Nov 17, 2011
Dec 18, 2011
Currency Exchange Loss:
Jul 15, 2012
This photo was used before for a previous loan for G.s. Juntos Podemos Group. It was first posted on Kiva on May, 2011. Learn More