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Brenes Group
In this Group: Ana, Virginia, María
The Beres group is comprised of three hardworking and spirited women. One of them is Ana, who has a tortilla making business which has helped her and her three children, of whom two are in her care, to move forward in life.
The other members of the group are Virginia, who has a tortilla making business, and María Isabel, who sells, ice cream, chocolate bananas and curd cheese.
View original language description ↓
El grupo Brenes está con formado por tres mujeres trabajadoras y esforzadas una de ellas es Ana M. Brenes quien tiene una tortillería negocio con el que ha sacado adelante a sus tres hijos de los cuales solo dos están a su cargo.

Las otras integrantes del grupo son Virginia M. Brenes quien tiene una tortillería y María Isabel R. Machado vende helados, choco bananos y cuajada.

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
  • 126
    View loans »
    Nicaragua Loans Fundraising
  • $24,597,675
    Funds lent in using Kiva
  • 21.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Brenes Group's $450 loan helped a member corn, firewood, etc.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2010
Listed
Sep 18, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 19, 2011