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Revelacion En Dios Group
In this Group: Maria Del Carmen , Hilda De Jesus , Maria , Juana Gloria , Diana Isabel , Martha Briselba, Yelba Del Pilar , Pedro De Jesus

Update on Revelacion En Dios Group

The communal bank "Revelación en Dios" is made up of 8 members, 7 women and man, parents who are responsible for 20 young children.

They are from León, which is in the east of the country.

Martha is the co-ordinator of the communal bank, which means she is in charge of the bank and ensuring that payments are made correctly and on time. Martha is sells curd as a travelling salesperson, as well as from her home. She works for 8 hours a day, under the hot sun, carrying 20kg and selling her curd. She works with pleasure as her work allows her to make money.

The loan is intended to invest in working capital and stocking her business with curd so that in a not to distant future she can make a better income. The communal bank "Revelación en Dios" is grateful for the help that the Kiva lenders offer to people with few resources and poor countries like Nicaragua so that they can have a means of honest work.
View original language description ↓
El banco comunal Revelación en Dios está conformado por 8 integrantes, siete mujeres y un varón padres de familia responsables de 20 hijos menores de edad. Ellos son originarios de León, lugar que está ubicado en la zona de occidente del país. Martha es la coordinadora del banco comunal la cual se encarga de la responsabilidad del banco y de los pagos en tiempo y forma. La actividad de Martha es vender cuajada de forma ambulante y en su casa de habitación. La rutina de Martha es trabajar unas 8 horas diarias, bajo el sol, con un peso de unos 20 kg cargando una pana y ofreciendo sus cuajadas, actividad que la desempeña con mucho gusto porque ha sido su medio de trabajo y su forma de obtener ingresos. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio en la compra y venta de cuajada para que en un futuro no muy lejano obtener mejores ingresos. El banco comunal Revelación de Dios agradece la ayuda que los inversionistas kiva les brindan a personas de escasos recursos y países pobre como es Nicaragua para tener un medio de trabajo digno.

Previous Loan Details

The “Revelación de Dios” (God’s Revelation) communal bank has 8 entrepreneurs who joined together to form this group. They have all shown themselves to be responsible, hardworking with strong drives to improve personally. They are very humble people who struggle to earn their sustenance day t... More from Revelacion En Dios 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
  • 43
    View loans »
    Nicaragua Loans Fundraising
  • $26,238,100
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Revelacion En Dios Group's $1,075 loan helped a member to invest in working capital and stock up on curd to sell to her customers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 17, 2013
Jan 21, 2013
Currency Exchange Loss:
Jul 18, 2013
This photo was used before for a previous loan for Revelacion En Dios Group. It was first posted on Kiva on Aug, 2012. Learn More