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El Tucán Group
In this Group: Luz Marina, Digmara , Yaritza, Yamil
The El Tucan group is made up of Digmara, Luz Marina, Yaritza and Yamil. They are hard-working people who want to progress and ensure the welfare of their families.

Digmara began making tortillas four years ago. At that time he had few resources and now he has been able to give his family a better quality of life. His partner Luz Marina sells vegetables in the Mercado Oriental market. Yaritza sells nacatamales and Yamil sells fruit in Masaya.
El grupo el Tucan está integrado por Digmara, Luz Marina, Yaritza y Yamil. Ellos son personas muy trabajadoras que desean salir adelante y velar por el bienestar de sus familias.

Digmara comenzó hace cuatro años a echar tortilla en esa epoca contaba con lo mínimos recursos ahora le a proporcionado una mejor calidad de vida a su familia. Mientra su compañera Luz Marina vende verduras en el mercado oriental, Yaritza vende nacatamales y Yamil vende frutas en Masaya.

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
  • 97
    View loans »
    Nicaragua Loans Fundraising
  • $24,384,275
    Funds lent in using Kiva
  • 20.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of El Tucán Group's $1,100 loan helped a member to buy corn and firewood.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2009
Listed
Dec 23, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010