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Dios Me Fortalece Group
In this Group: Jacinta Del Socorro, Margarita Maria, Ines , Paula Victoria, Reymundo Nicasio, Marcela Del Carmen, Amada Jessenia, Mercedes Petrona, Heysell Jessenia, Santos, Manuel Maria, Teresa , Jairo

Update on Dios Me Fortalece Group

The Communal Bank “Dios Me Fortalece” (God Strengthens Me) consists of 13 members, 9 women and 4 men. They are originally from Malpaisillo, a place that is located in the central part of the country. The members are known as hardworking and responsible people who are eager to succeed on a personal level. Whenever they have spare moments, they enjoying being their families and having quality time with them. Unfortunately, due to the lack of financial resources, the members did not obtain university degrees since they were obligated to work at a young age so that they could help with the household expenses.

Thanks to her efforts and her drive to succeed, Inés serves as the Communal Bank coordinator. She has a business of selling Honduran crafts as a street vendor and from her house. Inés offers urns, flower vases, coin banks made of clay, pots, and griddles. She works at her business about eight hours a day and enjoys what she does very much. The purpose of this loan is to invest it as operating capital so that she can restock her business of buying and selling crafts. As a result, she will be able to generate more income in the not-so-distant future.

The Communal Bank “Dios Me Fortalece” appreciates the assistance that Kiva lenders provide to people who have limited resources and are from poor countries, such as Nicaragua, so that they can earn a decent living.
View original language description ↓
El banco comunal Dios me Fortalece está conformado por trece integrantes nueve mujeres, cuatro varones. Ellos son originarios de Malpaisillo lugar que está ubicado en la zona central del país. Se caracterizan por ser personas trabajadoras, responsables, con ánimo de superación personal. En sus ratos libre le gusta disfrutar de la compañia de su familia, y pasar tiempo de calidad. Lamentablemente por falta de recursos económico no pudo cursar una carrera universitaria y se vieron obligados a trabajar desde temprana edad, para ayudar con los gastos del hogar.
Gracias a su esfuerzo y sus ganas de salir adelante Inés es la coordinadora del banco y tiene por actividad económica la venta de artesanía nacional de forma ambulante y en su casa de habitación ella ofrece, jarrones, floreros, al cancillas de barro, ollas, comales. Ella dedica a su negocio unas 8 horas diarias, actividad que la disfruta con mucho gusto. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio en la compra y venta de artesanía para obtener mejores ingresos en un futuro no muy lejano. El banco comunal Dios me Fortalece agradece la ayuda que los inversionistas kiva le brindan a personas de escasos recursos y países pobre como es Nicaragua para tener un medio de trabajo digno.

Previous Loan Details

The Dios me Fortalece communal bank is made up of 13 members; 10 ladies and three gentlemen, responsible mothers and fathers with 20 children. They are originally from Sauce, a place located in the western part of the country. They are known for being hardworking and responsible in their lives.... More from Dios Me Fortalece 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
  • 54
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 25.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Dios Me Fortalece Group's $4,450 loan helped a member to buy handcrafted products to sell such as urns, flower vases, coin banks made of clay, pots, and griddles.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Sep 6, 2013
Oct 8, 2013
Currency Exchange Loss:
Mar 17, 2014