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Dios Proveera Group
In this Group: Ana Luz, Bielka Elena , Yamileth Isabel , Cristina Ermunda, Mayra Del Rosario, Fresia Dalila , Maryuri, Luz Idalia , Aneydi Del Carmen

Update on Dios Proveera Group

The "Dios Proveerá" (God will provide) community bank is made up of nine members who are Luz Ana, Bielka Elena, Yamileth Isabel, Cristina Ermunda, Aneydi del Carmen, Mayra del Rosario, Fresia Dalila, Maryuri, Luz Idalia. All have different jobs. Maryuri is the coordinator of the bank and she is in charge of the payment responsibilities and obligations of the bank. Maryuri works as a pork butcher from her house. She wants to the loan to buy pigs and to sell them to regular and occasional customers.
View original language description ↓
El banco comunal Dios proveera esta conformado por 9 intregrantes la cuales son: Luz Ana, Bielka Elena, Yamileth Isabel, Cristina Ermunda, Aneydi del Carmen, Mayra del Rosario, Fresia Dalila, Maryuri, Luz Idalia, todas tienen actividad economica diferentes, Maryuri es la cordinadora del banco la cual se encarga de la responsabilidad y compromisos de pagos del banco, Maryuri tiene por actividad economica la venta de destace de cerdos ubicado en su casa de habitacion, el financiamiento lo quiere para comprar cerdos y comercializarlo a clientes fijos y eventuales.

Previous Loan Details

The Dios Proveerá (God Will Provide) Communal Bank is made up of nine entrepreneurs from the same town who came together in order to get ahead in life and to support each other. Each of the entrepreneurs have their own businesses, and have goals in their business to grow each day. They support ... More from Dios Proveera 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
  • 44
    View loans »
    Nicaragua Loans Fundraising
  • $26,295,350
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Dios Proveera Group's $1,400 loan helped a member to buy pigs and sell them to regular and occasional customers.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jul 6, 2012
Aug 12, 2012
Currency Exchange Loss:
Dec 15, 2012