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Restauración Group
In this Group: Eddy Jose, Angela , Jeissel
The Restoration Group is made up of three dedicated entrepreneurs who are working arduously with hopes to improve their lives. The coordinator of the group is Angela U. Ramírez is 26 years old and for the last ten years has worked preparing tortillas, the base of the Nicaraguan diet, and in the afternoons she sells coffee and sweetbreads.

U. has three children, the oldest of whom has already started school. Her dream is to improve her business and invest in other areas in order to give everything she can to her children. She will use the loan to purchase corn for tortillas and firewood.

The other members are Maryuri Dayana Guevara, who is 24 and for the last 10 years she has worked selling vegetables like potatoes, onions, tomatoes, and yucca and Eddy José Enriques Calderón who has been selling CDs for the last eight years.
View original language description ↓
El grupo Restauración está conformado por tres personas esforzadas, emprendedoras y luchadoras quienes trabajan arduamente con el fin de salir adelante. La coordinadora del grupo es Ángela U. Ramírez de 26 años quien desde hace 10 años por las mañanas realiza tortillas bastimento por excelencia en la dieta nicaragüense y por las tardes desde el 2008 vende café con pan.

U. tiene tres pequeños de los cuales la mayor ya va a la escuela y su sueño es mejorar su negocio e invertir en otros rubros para darles todo lo posible a sus hijos. Ella invertirá el crédito en maíz y leña.
Los otros integrantes son Maryuri Dayana Guevara de 24 años desde el 2,000 vende verduras como papa, cebolla, chiltoma, tomate, yuca etc. negocio que aprendió para salir adelante y Eddy José Enriques Calderón desde hace ocho años comercializa discos.

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
  • 94
    View loans »
    Nicaragua Loans Fundraising
  • $24,386,550
    Funds lent in using Kiva
  • 21.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Restauración Group's $925 loan helped a member en maiz, leña, café y pan.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2010
Listed
Oct 19, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011