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El Mana Group
In this Group: Aleyda , Yolanda , Yarleni Del Socorro, Maria Del Rosario, Angela , Osmany Grabiel, Alicia Del Carmen, Elsa, Feliciana, Thelma , Mary Cela

Update on El Mana Group

The “El Mana” association is made up of 11 members, 10 ladies and one gentleman; responsible mothers and fathers with 15 children to care for. They are from the northern area of the country and are known for being hardworking and responsible with a desire to personally succeed. Unfortunately they were not able to study for careers because they needed to go to work at a young age to help with the household expenses. Currently they are working hard to provide a better future for their children.

Thanks to her efforts and desire to get ahead, Maria has a small store where she sells foodstuff such as rice, beans, sugar, firewood, bread, detergent, juices, and soft drinks. She works in her business, set up in her home, for 12 hours a day. She will use the money from this loan to stock her store and buy and sell food so that she will be able to obtain greater earnings in the near future.

The “El Mana” communal association is grateful for the help that the Kiva lenders provide to people of limited resources in poor countries such as Nicaragua, so that they can have a dignified source of work.
View original language description ↓
La Asociación el Mana está conformado por once integrantes diez mujeres y un hombre, madres y padres responsables con quince hijos bajo su responsabilidad. Son originarios de la zona norte del país. Se caracterizan por ser trabajadores, responsables con ganas de superación personal. Lamentablemente por falta de recursos económicos no pudo cursar una carrera y se vio obligada a trabajar desde temprana edad, para ayudar con los gastos del hogar.
Gracias a su esfuerzo y sus ganas de salir adelante la coordinadora es María tiene por actividad económica una pulpería es una pequeña tienda que vende productos comestibles como arroz, frijoles, azúcar, leña, pan, detergente, jugos, gaseosas. Ella dedica a su negocio unas 12 horas diarias en su casa de habitación. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio en la compra y venta de productos comestibles como, para que en un futuro no muy lejano pueda obtener mejores ingresos. La asociación comunal El Mana esta 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

“El Maná” (Manna) has 12 members: 11 women and one man, all responsible mothers and fathers with 25 children in their care. They are from El Sauce, a place located in the north of the country. They are noted for being responsible, hardworking people who very much want to get ahead. They enjoy... More from El Mana 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
  • 56
    View loans »
    Nicaragua Loans Fundraising
  • $26,430,500
    Funds lent in using Kiva
  • 25.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of El Mana Group's $3,150 loan helped a member to stock her store.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Nov 30, 2013
Dec 21, 2013
Currency Exchange Loss:
Aug 17, 2014