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San Juan Group
In this Group: Aracely De Los Ángeles, Antonia De Los Santos , Josefa Del Carmen
View original language description ↓

El grupo San Juan está integrado por tres mujeres trabajadoras que comercializan las frutas y verduras. Ellas son originarias de la zona rural Quebrada Honda, esta carece de muchos recursos necesarios para la vida como lo es el agua potable.

Aracely de los Ángeles A. hace tres años con ayuda de su suegra puso un pequeño negocio de frutas y verduras en el Mercado Oriental y su mayor su ello es tener su propio tramo. Antonia

Additional Information

About ADIM

Located in Central America, ADIM is a small microfinance institution with a strong social focus. In the saturated microfinance market of Nicaragua, ADIM stands out for its emphasis on the holistic development of women as well as its provision of responsible financial services. Founded in 1989 by a small group of Nicaraguan women, this institution has remained true to its initial goal of providing its clients (90% of which are women) with an opportunity for economic growth, in addition to personal and professional empowerment. Supporting an ADIM borrower means contributing not only to the continued offering of the socially conscious services it provides, but also to the sustainable growth of a truly unique microfinance institution.

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

  • $3,636
    Average annual income
  • 137
    View loans »
    Nicaragua Loans Fundraising
  • $24,079,275
    Funds lent in using Kiva
  • 20.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of San Juan Group's $375 loan helped a member para comprar frutas y verduras como ayote, yuca, chilote, chayote etc.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2009
Listed
Oct 12, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010