Check out some available loans that are similar to this one!
Georgea Group
In this Group: Miriam Del Carmen , Maria De Los Ángeles, Paulo
The Georgea Group consists of three hardworking and enterprising individuals who have participated in 14 loan cycles with ADIM. Three of those loans have been with Kiva. The group coordinator is Sra. Miriam, age 41. As a young woman, she started a dressmaking shop with some savings and a sewing machine.

Miriam has three children (ages 15, 17, and 19) who are in school. Her daughter helps with the business in her spare time. Miriam will use her loan to buy fabrics.

The other members are as follows:
• María de los Ángeles is 55 years old and has a small vending post where she sells sodas, refreshments, ice, and other items.
• Paulo Antonio sells watermelons.
View original language description ↓
El grupo Georgea lo conforman tres personas trabajadoras y emprendedoras quienes tienen 14 ciclos de trabajar con Adim y han tenido tres préstamos con Kiva. La coordinadora del grupo es la señora Miriam de 41 años desde joven inicio su taller de costura con unos ahorros y una máquina de coser.

Miriam tiene tres hijos de 15, 17 y 19 años quienes estudian y su hija en sus tiempos libre le ayuda con el negocio. Ella con el crédito comprara telas.

Las otras integrantes son María de los Ángeles de 55 años tiene una pequeña venta de gaseosas, fresco y hielo…etc.y Paulo Antonio quien vende Sandillas.

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
  • 142
    View loans »
    Nicaragua Loans Fundraising
  • $24,094,725
    Funds lent in using Kiva
  • 22.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Georgea Group's $625 loan helped a member to purchase fabrics.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2011
Listed
May 22, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011