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Las Nuevas Group
In this Group: María Teresa, María De Los Ángeles, María Ivania
The “Las Nuevas” (The New Ones) is composed of three hardworking, enterprising people. One of them is María de los Ángeles, 34. She’s married and has a little one-year-old daughter. She sells fried fast-food and soft-drinks, a business she started 15 years ago selling fried plantain with cheese. She gradually increased it buying tables and chairs. With the previous loan she managed to buy two stoves that she needed and some tables. She will use this loan to buy products for the business and wants to use profits to do some home improvements.

The other group members are María Teresa who has sold mobile phone recharges, perfume, cosmetics and clothes for four years and María Ivania who has had a jewelry store for 30 years.
View original language description ↓
El grupo las Nuevas conformada por tres personas trabajadoras y emprendedoras una de ellas es María de los Ángeles de 34 años, casada y tiene una pequeña de un año de edad. Ella tiene una fritanga y vende refresco negocio que inicio hace 15 años realizando tajadas con queso poco a poco fue aumentándolo comprando mesas y sillas. Con el crédito anterior logro comprar dos cocinas que necesitaba y unas mesas.
Ella invertirá el crédito en productos para el negocio y con las ganancias desea mejorar su vivienda.
Las otras integrantes son María Teresa quien vende recargas, perfumes, cosméticos y ropa desde hace 4 años y María Ivania quien tiene una joyería desde hace 30 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
  • 78
    View loans »
    Nicaragua Loans Fundraising
  • $25,384,750
    Funds lent in using Kiva
  • 23.4
    Nicaragua Cordobas (NIO) = $1 USD
A portion of Las Nuevas Group's $2,375 loan helped a member to buy merchandise.
Repayment Term
9 months (Additional Information)
Repayment Schedule
May 16, 2012
Jun 5, 2012
Currency Exchange Loss:
Jul 5, 2012