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Mujeres Responsables Group
In this Group: Celica Lucia, Josefa Maria , Narcisa Del Rosario , Rosa Aida, Erika Patricia , Anielka Lucia, Francisca Vanessa, Maria Del Socorro , Olga Maria , Dominga Xiomara, Juana Betania, Nora Janixia

Update on Mujeres Responsables Group

The Mujeres Responsables communal bank is made up of 12 members who are mothers with a total of 20 children under their care. They are natives of Leon, which is situated in the western region of the country. They are known for being hardworking and responsible with a desire to succeed. In their free time, they enjoy spending time with their families. Unfortunately, due to a lack of financial resources, they were not able to pursue an education because they needed to work to help with household expenses. They are now fighting to give their children a better future.

Thanks to her effort and desire to get ahead, Rosa is their coordinator. She has a business selling baked goods door-to-door, and by custom order. She sells various pastries such as: picos, cachos, semitas, polvorones, maquetas cortadas, empanadas, and pan de especies. She works about 10 hours a day selling her products.

The goal of this loan is to invest in working capital and to supply her bakery so that in the near future she can increase her earnings.

Mujeres responsables is grateful for the help the Kiva lenders provide to people with limited resources and in poor countries such as Nicaragua, so that they may have a dignified line of work.
View original language description ↓
La asociación comunal Mujeres Responsables está conformada por 12 integrantes madres responsables con 20 hijos bajo su responsabilidad. Son originarias de Leon lugar que está ubicado en la zona de occidente del país. Se caracterizan por ser trabajadoras, responsables con ganas de superación personal. En su tiempo libre le gusta disfrutar de la compañía de sus familiares. Lamentablemente por falta de recursos económicos no pudieron cursar una carrera y se vieron en la necesidad de trabajar para ayudar con los gastos del hogar. En la actualidad luchan para brindarles un futuro mejor a sus hijos.
Gracias a su esfuerzo y sus ganas de salir adelante la coordinadora es Rosa y tiene por actividad económica la venta de pan de forma ambulante y por encargo como picos, cachos, semitas, polvorones, maquetas cortadas, empanadas, pan de especies. Ella dedica a su negocio unas 10 horas diarias ofreciendo su producto. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio en la compra y venta de pan, para que en un futuro no muy lejano pueda obtener mejores ingresos. Mujeres Responsable 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 communal bank Mujeres Responsables is made up of 9 members who are all single mothers with a total of 15 children under their care. These women are known for being hard working, responsible, and with the desire to be successful. Unfortunately, they could not study because they lacked the econ... More from Mujeres Responsables 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
  • 42
    View loans »
    Nicaragua Loans Fundraising
  • $26,238,100
    Funds lent in using Kiva
  • 25.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Responsables Group's $3,750 loan helped a member invest in working capital and stock their bakery with various pastries: picos, cachos, semitas, polvorones, maquetas cortadas, empanadas, pan de especies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Dec 18, 2013
Jan 19, 2014
Currency Exchange Loss:
Jun 17, 2014