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Luchando Por  La Vida Group
In this Group: Maria Estevana, Yara Eliza, Candido
These three successful entrepreneurs work in different sectors. One of them is Yara, 20 years old, who works by selling food and second-hand clothing in her community. She has performed this work for the past two years as a way to support her family. She is requesting this loan to buy raw materials such as rice, beans, sugar, cooking oil, beef, chicken, and vegetables. She will also use a bit of the loan for her secondary business of selling second-hand clothing. One of her goals is to buy second-hand clothing in bulk.

Cándido has sold food from his home for a year. He is married and has two children. María Estevana works by making tortillas and sweet corn tamales. She also has a small sewing studio.
View original language description ↓
Microempresarios formado por tres socios exitosos que se dedican a sus diferentes actividades, una de ellas es Yara de 20 años que se dedica a la venta de comida y ropa usada en su comunidad, esta actividad la viene realizando hace dos años consecutivos como una opción de trabajo para el sustento de su familia, el crédito lo solicitara para compra de materia prima como es arroz, frijoles, azúcar, aceite, carne de res, carne de pollo, verduras, e inyectar un poco a su otro negocio colateral de ropa usada por piezas. Una meta de ella es comprar la ropa usada por paca. Cándido vende comida en su domicilio desde hace 1 año es casada y tiene dos hijos, María Estevana se dedica a producir tortilla, yoltamal y tiene un pequeño taller de costura.

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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $23,479,050
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Luchando Por La Vida Group's $850 loan helped a member to buy grains, rice, beans, sugar, cooking oil, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2013