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Mia Es La Victoria Group
In this Group: Yessenia, Jessica, María
The group, "Mía es la Victoria" [Victory is Mine] is made up of three hard-working and enterprising women. One of them is Jesenia, who started her business selling clothing 5 years ago. With her profits and loans, she started to sell food. She will invest the loan in the acquisition of utensils to expand her business. The other members are Jesica, who sells food, pupusas [a thick, filled tortilla] and sandals; and María Luisa, who has sold used clothing, costume jewelry, and gold and silver items for 19 years.
View original language description ↓
El grupo Mía es la Victoria está integrado por tres mujeres trabajadoras y emprendedoras una de ellas es Jesenia inicio hace 5 años con la venta de ropa y con las ganancias y los créditos empezó a vender comida. El crédito lo invertirá en la adquisición de trastes para aumentar su negocio.
Las otras integrantes son Jesica vende comida, pupusas y sandalias y María Luisa vende ropa usada, bisutería y prendas de oro y plata desde hace 19 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
  • 129
    View loans »
    Nicaragua Loans Fundraising
  • $24,575,325
    Funds lent in using Kiva
  • 23.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Mia Es La Victoria Group's $550 loan helped a member to buy kitchen utensils for her business.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2012
Listed
Jun 5, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012