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Flor Juanita Group
In this Group: Miriam Del Socorro, Ivania, Flor
The Flor Juanita ["Flower of Juanita"] group is comprised of three hard-working women from Masaya, the City of Flowers. One of them is 57 year-old Miriam del Socorro A., who started selling vegetables six years ago. She will use this loan to purchase squash, potatoes, cassava, taro, shallots, etc. She has ten children and the two youngest, ages 15 and 16, are dependent on her. They go to school and help with her business in their free time. The other members of the group are:

Ivania de Socorro B., 38, who has been making tortillas, yoltamales [sweet corn tamales with a sugary filling], and güirila [sweet corn pancakes] for six years. Her dream is to build her own house; and

Flor de María A. García, who has a small restaurant where she makes enchiladas, fried plantains with cheese, roast chicken and meat, etc.
View original language description ↓
El grupo Flor Juanita lo conforman tres mujeres trabajadoras provenientes de Masaya, ciudad de las Flores una de ellas es Miriam del Socorro A. de 57 años quien se dedica al comercio de verduras desde hace seis años actividad en la que inverita el crédito con la compras de ayote, papa, yuca, quequisque, chilote...etc. Ella tiene diez hijos de los cuales los dos menores de 15 y 16 años depende de ella ellos estudian y en su tiempo libre le ayudan en el negocio.
Las otras integrantes del grupo son Ivania de Socorro B. de 38 años desde hace seis años realiza tortillas, yoitamal y güirila, el sueño de ella es construir su casa y Flor de María A. García tiene una pequeña fritanga donde realiza enchiladas, tajadas con queso, pollo asado, carne asada ect.

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
  • 166
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor Juanita Group's $775 loan helped a member to buy vegetables to sell and ingredients for preparing traditional Nicaraguan foods.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2010
Listed
Oct 27, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011