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La Finca Group
In this Group: Ileana Margarita, Concepción , Heydi De Los Ángeles
The group “la Finca” [the Farm] is made up of three hardworking and enterprising people who have worked with ADIM through nine loans.

The group coordinator is Ileana Margarita, who has made her living selling meat for five years in one of the biggest markets in Managua. She will use the loan to buy round steak, trimmings and bones, etc.

The other members are Concepción, who has made a living selling meat for 30 years, and Heydi, who has sold used clothing for six years.
View original language description ↓
El grupo la Finca lo conforman tres personas trabajadoras y emprendedoras quienes tienen nueve ciclos de trabajar con Adim. La coordinadora del grupo es la señora Ileana Margarita quien se dedica a la venta de carne desde hace 5 años en uno de los mercados más grandes de Managua.
Ella invertirá el crédito en posta, recorte y hueso…etc.
Las otras integrantes son Concepción quien se dedica a la venta de carne hace 30 años y Heydi quien vende ropa usada desde hace 6 años.

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
  • 153
    View loans »
    Nicaragua Loans Fundraising
  • $24,074,500
    Funds lent in using Kiva
  • 22.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of La Finca Group's $975 loan helped a member to buy meat (round steak, trimmings and bones).
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2011
Listed
Nov 15, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012