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San Patricio Group
In this Group: Deycis Del Carmen , Francisca , Deysi Del Carmen
The San Patricio Group is made of three woman entrepreneurs.

Deysis del Carmen C. has been purchasing and selling fruits and vegetables in the market of her home town, Masaya, Nicaragua, since 1998. By the means of this business she has been able to raise 8 children, three of which are 16, 14, and 9 years old and live with her. Deysis said she will use the loan to purchase more godos to sell, and with the income it generates she will be able to repair her cart which is deteriorating.

The other women in the group are Francisca U. who cultivates fruits and vegetables to sell, and Paulina Bermudez who has been selling fruits and vegetables since she was 12 years old, she has a small store in her home.
View original language description ↓
The San Patricio Group is made of three woman entrepreneurs.

Deysis del Carmen C. has been purchasing and selling fruits and vegetables in the market of her home town, Masaya, Nicaragua, since 1998. By the means of this business she has been able to raise 8 children, three of which are 16, 14, and 9 years old and live with her. Deysis said she will use the loan to purchase more godos to sell, and with the income it generates she will be able to repair her cart which is deteriorating.

The other women in the group are Francisca U. who cultivates fruits and vegetables to sell, and Paulina Bermudez who has been selling fruits and vegetables since she was 12 years old, she has a small store in her home.

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
  • 165
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of San Patricio Group's $1,050 loan helped a member to buy fruits and vegetables.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2010
Listed
Feb 22, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010