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Las Flores Group
In this Group: Kenna, Yanina, Juana, Alba, Yamileth
The Las Flores (Flowers) Group is composed of 5 hard-working enterprising women, one of whom is Yenina who is 24 years old and dedicated to cutting up pork. She began her business 3 years ago and her loan will be invested in purchasing meat.

The remaining members are Kenna del Socorro who has sold meals from her stall for 2 years; Yamileth who has sold used clothing for 2 years, Juana who sells cosmetics, and Alba who has sold pork for some 2 months.
View original language description ↓
El grupo los flores lo conforman cinco personas trabajadoras y emprendedoras una de ellas es Yenina de 24 años la cual se dedica al destace de cerdo. Este negocio lo inicio hace 3 años e invertirá el crédito con la compra de carne.
Las otras integrantes son Kenna del Socorro quien tiene una comideria desde hace 2 años, Yamileth es comerciante de ropa usada desde hace 2 años, Juana vende cosméticos y Alba vende cerdo desde hace 2 meses.

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
  • 71
    View loans »
    Nicaragua Loans Fundraising
  • $23,669,925
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Flores Group's $850 loan helped a member purchase meat.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2012
Listed
Aug 8, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012