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Fe Y Vida Group
In this Group: Brenda , Juana, María
The Fe y Vida (Faith & Life) Group is composed of three hard working, dedicated, enterprising women. One of them is Brenda F. Medrano, group coordinator. She has sold food and caps for four years. She has an 11 year old son for whom she works hard. She hopes some day to have her own sales stand.

The other group members are: Juana P., 48, who sells nacatamales, soups, blended fruit drinks, ice cream, lottery tickets, Avon and Zermat brand cosmetics, etc. and María Margarita P. who has sold used clothes for the last year.
View original language description ↓
El grupo Fe y Vida está conformado por tres mujeres trabajadoras, esforzadas y emprendedoras una de ellas es Brenda F. Medrano, coordinadora del grupo, quien se dedica al comercio de comida y gorros desde hace 4 años. Ella tiene un hijo de 11 años por el cual labora arduamente y desea tener algún día un tramo.
Las otras integrantes del grupo son Juana P. de 48 años quien se dedica al comercio de nacatamales, sopas, frescos, helados, rifas y cosméticos Avon y zermat etc. y María Margarita P. comercializa ropa usada desde hace un año.

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
  • 133
    View loans »
    Nicaragua Loans Fundraising
  • $24,060,850
    Funds lent in using Kiva
  • 21.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Fe Y Vida Group's $775 loan helped a member for basic grains.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 24, 2010
Listed
Dec 18, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011