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Georgia Group
In this Group: Miriam Del Carmen, Maria De Los Ángeles , Paulo Aguirre
The Georgia group is comprised of three hard-working, determined people. One of them, Maria de los Angeles M. V. sells natural fruit drinks (mango, orange, dragon fruit, cocoa, and other fruit) and Nicaraguan tortillas. This work was implemented 20 years ago. By investing in this loan, you will help her succeed.

Her colleagues in the group are Miriam del Carmen M. Alemán who has a dressmaking shop and invests in fabrics to create blouses and skirts and Paulo Aguirre R. who has been selling watermelons for six years.
View original language description ↓
El grupo Georgea está integrado por tres personas trabajadoras, esforzadas y decididas una de ellas es la señora María de los Ángeles M. V. quien vende fresco naturales de mango, naranja, pitaya, cacao, de frutas etc. y tortillas bastimento por excelencia de los nicaragüenses. Esta actividad la realiza desde hace 20 años e invertirá el crédito en capital de trabajo para salir adelante.

Sus compañeros de grupo son Miriam del Carmen M. Alemán quien tiene un pequeño taller de costura e invertirá en telas para realizar blusas y faldas y Paulino Aguirre R. comercializa sandias desde hace seis años.

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
  • 137
    View loans »
    Nicaragua Loans Fundraising
  • $24,079,275
    Funds lent in using Kiva
  • 21.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Georgia Group's $775 loan helped a member to purchase fruit, sugar and corn.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2010
Listed
Jun 22, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010