Check out some available loans that are similar to this one!
Nueva Vida Group
In this Group: Silvia , Teresa, Liliam
The Group “Nueva Vida” (New Life) is made up of 3 hard-working, entrepreneurial people. One of them is Silvia, who has been selling tamales, pinol and pinolillo (cornmeal and cacao beverages); she also sells trout. She counts on help from her husband and children.
The loan she is requesting will be invested into corn, leaves, lime and kindle.
The other members include Teresa Jesús who sells things that go in the oven and Liliam who sells vegetables for over 6 years.
View original language description ↓
El grupo Nueva Vida está conformado por tres personas trabajadoras y emprendedoras una de ellas es Silvia quien desde hace 24 años vende tamal, pinol y pinolillo; también comercializa trucha. Ella cuenta con la ayuda de su esposo e hijos.
El crédito lo invertirá en maíz, hoja, cal y leña.
Las otras integrantes son Teresa de Jesús en la venta de cosa de horno y Liliam venta de verduras desde hace 6 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

  • $3,636
    Average annual income
  • 120
    View loans »
    Nicaragua Loans Fundraising
  • $24,405,100
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Vida Group's $2,475 loan helped a member buy corn, leaves, lime and kindle to make tamales and pinolillo (cornmeal and cacao beverage).
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2012
Listed
Jun 7, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012