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Jazmin Group
In this Group: Eduardo, Kenia, Martin
The Jazmín group is made up of three hard-working and enterprising people, one of which is a man called Eduardo. He makes a living as a plumber. He will invest the loan in his business through the purchase of injectors, faucets and pipes etc. to carry out a number of jobs he has.

The other members are Kenia Auxiliadora who sells cosmetics, perfumes, sandals and creams and Martin who works in wood sales.
View original language description ↓
El grupo Jazmín lo conforman tres personas trabajadoras y emprendedoras una de ellas es el señor Eduardo quien se dedica al servicio de fontanería negocio en el que invertirá el crédito con la compra de inyector, llaves, tubos…etc. para la relizacio de unos trabajos que tiene.
Las otras integrantes son Kenia Auxiliadora quien vende cosméticos, perfumes, sandalias y cremas, y Martin se dedica al comercio de leña.

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
  • 101
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,100
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Jazmin Group's $1,150 loan helped a member to buy injectors, faucets and pipes etc.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2012
Listed
Aug 1, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013