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El Chilamate Group
In this Group: Yahoska Rafaela , Eveling Maria , Elena De Los Angeles
The Chilamate Group includes Yahoska Rafaela Jirón Blandón, Eveling María Narváez Laínez and Elena de los Ángeles P. Mendoas.

Yahoska Rafaela Jirón Blandón is a woman entrepreneur who has worked very hard for the well being of her family. For them, she began selling snacks, sodas, and juices, amongst other products. Recently Yahoska has improved her business by turning it into a general store where even more products can be found including cosmetics, basic grains, sausages, meat, fruits, and vegetables.

Eveling María Narváez Laínez has been selling all types of products since 1995 including clothing, hair accessories, jewelry, and more. Elena de los Ángeles P. M. sells used clothing.

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
  • 100
    View loans »
    Nicaragua Loans Fundraising
  • $23,742,975
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of El Chilamate Group's $1,100 loan helped a member to buy more products to sell in her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2010
Listed
Feb 24, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010