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Luz De Campo Group
In this Group: Anastacia Basilia, Antonio, Nubia , Leyla Victoria, Maria Eusebia, Nicolasa Danelia, Julia Yamileth, Silvia Elena, Candida Natalia, Tomasa Del Socorro, Filerma Milena, Rosa Victoria
Luz de Campo Communal Bank is made up of twelve entrepreneurs who came together so they could move forward. The group has been working with Fundación León 2000 and received a previous loan, demonstrating they are responsible people interested in self-improvement.

The members say that, thanks to the funding they received, they have expanded both their product lines and their customers. Antonio is part of this group. He has a business selling handicrafts that are sought after both nationally and internationally. Currently he is applying for a loan to purchase materials to make his crafts and to be able to offer his customers more variety.
View original language description ↓
El Banco Comunal Luz De Campo está conformado por doce emprendedores que se unieron para salir adelante, este grupo ya ha venido trabajando con fundación león 2000 en el crédito otorgado anteriormente han demostrado ser responsable y con deseos de superación, los emprendedores expresan que gracias al financiamiento han aumentado sus productos y sus clientes. Antonio es parte desde grupo y su actividad es a la venta de artesanía que es buscado por extranjeros y nacionales, en la actualidad está solicitando financiamiento para comprar materiales para la realización de las artesanías y poder ofrecerles a sus clientes variedad

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
  • 79
    View loans »
    Nicaragua Loans Fundraising
  • $25,787,975
    Funds lent in using Kiva
  • 23.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Luz De Campo Group's $3,700 loan helped a member to purchase material to make his handicrafts and to be able to offer his customers more variety.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Mar 26, 2012
Apr 28, 2012
Currency Exchange Loss:
Sep 15, 2012