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Rey De Reyes Group
In this Group: Maria Del Carmen, Luz Marina, Maria Xisela
The “Rey the Reyes” group is made up of three hardworking and enterprising people. Maria del Carmen is one of the members and she has had a general store for 18 years. She also has a mill. Her goal is to have a small supermarket and this loan will help her to stock her business.

The other members include Maria, who has a tortilla factory with her mother in law, and Luz who sells ice, frozen treats, and soup on Sundays.
View original language description ↓
El grupo Rey de Reyes lo conforman tres personas trabajadoras y emprendedoras una de ellas es María del Carmen quien tiene una pulpería desde hace 18 años y tiene un molino. Su meta es llegar a tener un minisúper y el crédito lo invertirá para surtir el negocio.
Las otras integrantes son María quien tiene una tortillería con su suegra y Luz quien vende hielo, helados y sopa los domingos.

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
  • 161
    View loans »
    Nicaragua Loans Fundraising
  • $23,191,225
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Rey De Reyes Group's $750 loan helped a member to stock her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2012
Listed
Oct 5, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 19, 2013