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La Chomba Group
In this Group: Juana, Fatima, Ana María , Ana Gabriel, Petrona
The group Las Chombas consists of five hard-working entreprenurial women. One of the women, Juana Francisca, is 34 years old and has sold fruit, firewood, and staple grains from her home for 8 years. She will invest the loan in products to sell and the purchase of harvests. She has four children of which the two youngest, who are 15 and 16 years old, depend on her.

The other members of the group are Petrona who is 57 years old and owns a tortilla shop and has sold firewood and vegetables for three years; Ana Gabriela who has owned a small grocery store for seven years; Ana Maria who owns a small grocery store; and Fatima who sells vegetables, firewood, and electric household appliances.
View original language description ↓
El grupo Las Chombas lo conforman cinco personas trabajadoras y emprendedoras una de ellas es Juana Francisca de 34 años de edad quien se dedica a la venta de frutas, leña y una pequeña venta de granos básicos en su hogar desde hace 8 años. El crédito lo invertirá en productos para la venta y compra de cosechas.
Ella tiene 4 hijos de los cuales los dos menores de 15 y 16 años de edad son los que dependen de ella.
Las otras integrantes son Petrona de 57 años quien tiene una tortillería, vende leña y verduras desde hace 3 años, Ana Gabriela tiene una pulpería desde hace 7 años, Ana María tiene una pulpería y Fátima vende verduras, leña y electrodomésticos.

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
  • 145
    View loans »
    Nicaragua Loans Fundraising
  • $24,094,725
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of La Chomba Group's $1,200 loan helped a member to buy harvested crops and staple grains.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 29, 2012
Listed
Jul 3, 2012
Currency Exchange Loss:
Covered
Ended:
Nov 16, 2012