Check out some available loans that are similar to this one!
Rojo Group
In this Group: Silvia , Jahiro Antonio , Ana Carolina
The “Rojo” (Red) Group consists of three hardworking individuals. One of them is Silvia O., the group coordinator, who has a small business selling electronic loads. She also sells and rents out phones that are subscribed to phone service providers Claro and Movistar.


The other members are Ana Carolina R., who owns a small sewing workshop that she started 20 years ago with her mother who taught her, and Jahiro S., who has been managing a small bar for the past three years.

View original language description ↓
El grupo Rojo está conformado por tres personas trabajadoras una de ellas es Silvia O. coordinadora del grupo quien tiene un pequeño negocio de recargas, alquiler y venta de teléfonos de las compañías de telefónica claro y movistar.
Los otros integrantes son Ana Carolina R. es propietaria de un pequeño taller de costura el cual inicio su madre hace 20 años donde aprendió este oficio que ella continua ejerciendo y Jairo S. hace tres años tiene un pequeño bar.

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
  • 59
    View loans »
    Nicaragua Loans Fundraising
  • $23,422,650
    Funds lent in using Kiva
  • 21.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Rojo Group's $400 loan helped a member purchase electronic loads, phone cards, and cell phones.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 25, 2010
Listed
Jul 6, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 19, 2011