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Pura Vida Group
In this Group: Francisca, María, Javier

Update on Pura Vida Group

The Pura Vida ("Pure Life") communal bank is comprised of three hardworking and enterprising people. One of them is María Margarita, who has been selling fruit for the past 10 years. With the loan she will purchase lemons and oranges for her business. She is married to a farmer and has five children who attend school. The other members are Francisca de los Ángeles, who has been making tortillas and selling firewood for 8 years, and Javier Noel, who sells fruit, mostly sour oranges and melons.
View original language description ↓
El grupo Pura Vida lo conforman tres personas trabajadoras y emprendedoras una de ellas María Margarita quien vende frutas desde hace 10 años. Ella con el préstamo comprara limones y naranjas para su negocio.

Ella está casada su esposo es agricultor y tiene 5 hijos los cuales van a clase.
Las otras integrantes son Francisca de los Ángeles quien elabora tortilla y vende leña desde hace 8 años y Javier Noel quien vende frutas en especial naranjas agrias y melones.

Previous Loan Details

The Pura Vida (pure life) group consists of three hardworking and entrepreneurial women; one of them is Yamileth del Carmen S. who sells fruit and vegetables. She started this business by selling the harvests produced in her grandfather's farm, but later he died and she started to work on her own... More from Pura Vida Group's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 69
    View loans »
    Nicaragua Loans Fundraising
  • $25,083,125
    Funds lent in using Kiva
  • 22.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Pura Vida Group's $850 loan helped a member to purchase lemon and orange crops.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Sep 29, 2011
Oct 14, 2011
Currency Exchange Loss:
Apr 15, 2012