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Luchando Por La Vida Group
In this Group: Yara, Magaly, Candido
The Grupo Luchando por la vida (Fighting for Life Group) is composed of three hardworking and resourceful people. One of them is Yara, who sells food and used clothes. She started this activity 3 years ago by buying small amounts of clothes; at the moment, and thanks to the loans, she buys larger quantities of clothes, and she has been able to start her second activity.
The other two members of the group are Magali, who sells used clothes in Rivas, and Candido, who has been selling food for 1 years.
View original language description ↓
El grupo luchando por la vida lo conforman tres personas trabajadoras y emprendedoras una de ellas s Yara quien vende comida y ropa usada. Este negocio lo inicio hace 3 años con la compra de pequeñas cantidades de de ropa actualmente y por medio de los créditos ella compra las pacas de ropa e inicio su otro negocio.
Las otras dos integrantes son Magali quien vende ropa usada en Rivas y Candido vende Comida desde hace 1 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
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,581,200
    Funds lent in using Kiva
  • 23.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Luchando Por La Vida Group's $650 loan helped a member to buy clothes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 29, 2012
Listed
Apr 26, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012