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Los Galanes Group
In this Group: Ena Del Carmen , Raquel Nohemi, Luis Beltran
Ena del Carmen R. L., Raquel Nohemi Torres Gaitá and Luis Beltrán R. Méndez are the members of the Los Galanes group. They are three hard-working, enterprising people that are fruit and vegetable merchants.

This group has participated in financial benefits, training sessions, gender and business development workshops that have helped them better manage their businesses. A clear example of this is Ena del Carmen R. L., group coordinator, who started selling perishables like mangos, tamarind and mammon (a tropical Central American fruit) in 2003.

At the beginning, she only sold a few products because she lacked sufficient funds to stock more. Currently, she buys a wider variety of crops in larger amounts so that her business has progressed satisfactorily and she dreams of having a space to sell second-hand clothes in the not too distant future.
View original language description ↓
El grupo los Galanes está conformado por Ena del Carmen R. L., Raquel Nohemi Torres Gaitán y Luis Beltrán R. Méndez tres personas trabajadoras y emprendedoras que se dedican al comercio de frutas y verduras.

Este grupo ha sido participe tanto de los beneficios financieros como del proceso de capacitación y formación sobre genero y desarrollo empresarial que le ha ayudado a ayudado a administrar sus negocios eficazmente. Un claro ejemplo de ello es la señora Ena del Carmen R. L., coordinadora del grupo, quien en el 2003 inicio a vender perecederos en el mercado especialmente mangos, tamarindo y mamón.

Ella en un comienzo comercializaba pocos productos ya que no contaba con dinero suficiente para invertir más. Actualmente R. compra mayor cantidad y variedad de cosechas con lo que su negocio ha progresado satisfactoriamente y sueña en tener un futuro no muy lejano otro tramo en el cual comercializara ropa usada.

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
  • 76
    View loans »
    Nicaragua Loans Fundraising
  • $25,413,450
    Funds lent in using Kiva
  • 21.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Galanes Group's $700 loan helped a member to buy fruit crops and seasonal vegetables.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Apr 14, 2010
Apr 23, 2010
Currency Exchange Loss:
Oct 15, 2010