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Doña Nubia Group
In this Group: Alba Nubia , Agustina Ángelo , Natalia
Alba Nubia Mejía E. is the founder of the group. Nubia is 59. She does a little bit of everything. She sells cooked beans and “pinolillo” (a drink with cornstarch and water). She raises and sells chickens. She sells “pinol” (a corn/cocoa-based powder used to make drinks) and lemons. Fifteen years ago she started cooking three pounds of beans. After that it started growing.

Agustina Ángelo F. Obando is another member of the group. She started selling tortillas. Then she introduced dairy products and “chicharron” (fried pork rind).

The other member, Natalia A., has a small sales business.
View original language description ↓

Alba Nubia Mejía E. es la fundadora del grupo Nubia de 59 años ella hace un poco de todo ella vende frijoles cocidos, pinolillo, cría y vende gallina, pinol y limones. Ella hace quince años comenzó poniendo a cocer tres libras de frijoles y después fue creciendo.

Las otras integrantes del grupo son Agustina Ángelo F. Obando ella comenzó vendiendo tortilla y luego introdujo productos lácteos y chicharron. Natalia A. tiene una pequeña venta.

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
  • 74
    View loans »
    Nicaragua Loans Fundraising
  • $23,414,475
    Funds lent in using Kiva
  • 20.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Doña Nubia Group's $600 loan helped a member to buy beans, corn, and cocoa.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2009
Listed
Nov 6, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 22, 2009