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Areas Group
In this Group: Sebastiana De Los Angeles, Jose Alberto , Graciela Del Carmen
The group "Áreas" consists of three hardworking, entrepreneurial people who work selling perishable produce. One of them is Sebastiana, who sells seasonal fruits and vegatables. She has been working in this business with her partner for five years and will use the loan to buy crops of mangos, avocados, and jocotes, which are fruits of this season.

The other members are José who has been buying and selling pineapples since 1992 and Graciela who sells fruits and vegetables and has a small store in her house.

This group has been working with Adim for five loan cycles in which they have been participants in the trainings on capacity building, business development, and self esteem that Adim offers. According to them, this has benefited them greatly as they learned to invest, gain more orders, grow their businesses, and arrange their money.

View original language description ↓
El grupo Áreas está integrado por tres personas trabajadoras y emprendedoras los cuales se dedican a comercializar perecederos. Uno de ellos es la señora Sebastiana de los Ángeles Áreas López quien comercializa frutas y verduras de acuerdo a la temporada. Ella lleva 5 años trabajando en este negocio junto con su compañero de vida e invertirá el crédito en la compra de cosechas especialmente de mango, aguacate, jocote que es la fruta de temporada.

Los otros integrantes son José Alberto R. quien desde 1992 se dedica a la compra y venta de piña y Graciela del Carmen C. González comercializa frutas y verduras y tiene una pequeña venta en su casa.
Este grupo tiene cinco ciclos de trabajar con Adim en los cuales fueron participes del proceso del proceso de capacitación y formación en desarrollo empresarial y autoestima que Adim oferta. Según ellos esto les beneficio mucho ya que aprendieron a invertir, hacer mas ordenados, ampliar sus negocios y como poder ajustar con su dinero.

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

  • $4,800
    Average annual income
  • 69
    View loans »
    Nicaragua Loans Fundraising
  • $25,034,300
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Areas Group's $925 loan helped a member to buy harvests of fruits and vegetables.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Feb 26, 2010
Mar 3, 2010
Currency Exchange Loss:
Aug 15, 2010