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La Finquita Group
In this Group: Jenneth, María Felix, Dreydy
The group "La Finquita" is made up of Janneth, Dreydy and Maria Feliz, three hardworking and enterprising women. Janneth is the coordinator of the group. She is 42 years old and works selling pinolillo (a traditional Nicaraguan corn and cocoa-based beverage) in Honduras. She started this business through a relative who motivated her and gave her the idea, since Nicaraguan pinolillo is a very appealing beverage. Janneth will invest this loan in corn, cocoa, firewood and other supplies.

The other members of this group are Dreydy, who sells American clothing, and Maria Feliz, who has a liquor store.
View original language description ↓
El grupo La Finquita lo conforman Janneth, Dreydy y María Feliz tres mujeres trabajadoras y emprendedoras. La coordinadora del grupo es la señora Janneth de 42 años quien se dedica al comercio de pinolillo en Honduras. Este negocio lo inicio por medio de un familiar quien la incentivo y le dio la idea, ya que es muy apetecido el pinolillo nica. Ella invertirá el crédito en maíz, cacao, leña…etc.
Los otros integrantes son Dreydy quien vende ropa americana y María Félix tiene una licorería.

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

  • $4,800
    Average annual income
  • 96
    View loans »
    Nicaragua Loans Fundraising
  • $24,749,225
    Funds lent in using Kiva
  • 22.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of La Finquita Group's $675 loan helped a member to buy supplies, including: corn, cocoa, firewood, cinnamon, cloves, a spice grinder, etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2011
Listed
Dec 16, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012