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Mejor Futuro Group
In this Group: Liliam, Solanlly, Miguel
The “Mejor Futuro” (Better Future) group is comprised of three hard-working and enterprising people. Liliam del Socorro is one of them. She sells vegetables at the Managua market.

She will use the loan to buy merchandise. She is married to Juan Bautista, who works at the Tip-Top, and they have two children.

Solanlly is also a member, and she has been selling vegetables for four years. Miguel, the third member, has been selling firewood for 20 years.
View original language description ↓
El grupo Mejor Futuro lo conforman tres personas trabajadoras y emprendedoras una de ellas es Liliam del Socorro quien se dedica al comercio de verduras por el mercado de Managua e invertirá el crédito en la compra de mercadería. Ella está casada con Juan Bautista quien trabaja en la tip-top y con quien tiene dos hijos
Las otras integrantes son Solanlly quien se dedica al comercio de verduras desde hace 4 años y Miguel quien se dedica al comercio de leña desde hace 20 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

  • $4,800
    Average annual income
  • 123
    View loans »
    Nicaragua Loans Fundraising
  • $24,546,650
    Funds lent in using Kiva
  • 23.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Mejor Futuro Group's $800 loan helped a member to buy vegetables.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2012
Listed
Feb 27, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 23, 2012