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Dios Con Nosotros. Group
In this Group: Maria Mercedes, Rosa Andrea , Bernarda Gregoria, Bernardo Jose, Juana Silvia, Mariana Virginia, Nery Amelia, Rodolfo, Jose Arnulfo

Update on Dios Con Nosotros. Group

The "Dios con Nosotros" communal bank is comprised of nine members, three men and six women, who are responsible fathers and mothers with 15 children. They are from Malpaisillo, located in the northern part of the country. The group's members are characterized as being hard-working, responsible, and working toward personal success. They work every day to bring economic and emotional stability to their families.

Because of her efforts and desires to move forward, Rosa is the coordinator of the communal bank. She makes a living by selling bread such as bites, tarts, snacks, pineapple cakes, plain bread, and pies. She works 10 hours a day, offering her products by traveling and also from her home. The purpose of this loan is to invest in working capital and stock up her business by buying and selling bread. With this investment, she hopes that she will be able to earn better income in the near future. The "Dios con Nosotros" communal bank is thankful for the help that Kiva lenders provide to people with few resources from poor countries such as Nicaragua. This helps them to have a better future.
View original language description ↓
EL banco comunal Dios con nosotros está conformado nueve integrantes tres hombres y seis mujeres, padres y madre responsables con 15 hijos bajo su responsabilidad. Son originarios de Malpaisillo lugar que está ubicado en la zona norte del país. Estas personas se caracterizan por ser trabajadoras, responsables, con ganas de superación personal. Y se esfuerzan día a día para bridarles estabilidad económica, emocional, a su familia.

Gracias a su esfuerzo y sus ganas de salir adelante la coordinadora del banco es Rosa y tiene por actividad económica la venta de pan como picos, semitas, cachos, tortas de pina, pan simple, pasteles. Ella dedica a su negocio unas 10 horas diarias ofreciendo su producto de forma ambulante y en su casa de habitación. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio en la compra y venta pan, para que en un futuro no muy lejano pueda obtener mejores ingresos. El banco comunal Dios con Nosotros agradece la ayuda que los inversionistas kiva les brindan a personas de escasos recursos y países pobre como es Nicaragua para brindarles un futuro mejor.

Previous Loan Details

Dios con Nosotros Communal Bank is made up of nine members, seven women and two men, fathers and mothers who have 20 children in their care. They're from Malpaisillo, located in the western part of the country. These members are responsible and hardworking people with a desire for personal se... More from Dios Con Nosotros. 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
  • 39
    View loans »
    Nicaragua Loans Fundraising
  • $26,385,025
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Dios Con Nosotros. Group's $1,700 loan helped a member to invest working capital and stock her business in buying and selling bread such as bites, tarts, snacks, pineapple cakes, plain bread, and pies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 30, 2013
Nov 10, 2013
Currency Exchange Loss:
Mar 17, 2014