Check out some available loans that are similar to this one!
La Anona Group
In this Group: Denis Jose, Jose Mauricio, Mayerlis De Los Angeles
This group consists of three micro-entrepreneurs. One of them is José Mauricio, who has been operating a carpentry workshop at home for eight years. He produces wooden furniture and kitchen cabinets. José Mauricio has five employees who help him with making his products. He is requesting a loan so that he can buy wood, varnish, sealant, and nails.


The other members are as follows:
• Denis José sells watermelons wholesale and retail at the municipal market in his town.
• Mayerlis is a 34-year-old woman who sells fruit at the municipal market in her town.

View original language description ↓
Grupo formado por tres socios microempresarios uno de ellos José Mauricio tiene un taller de carpintería desde hace 8 años donde fabrica muebles de madera, gabinetes de cocinas en su domicilio tiene cinco trabajadores que le trabajan en el proceso productivo del producto, solicita crédito para invertir en compra de madera, barniz, sellador, clavos, Denis José vende sandias al por mayor y al detalle en el mercado municipal de su localidad, Mayerlis mujer de 34 años vende frutas en el mercado municipal de su localidad.

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
  • 135
    View loans »
    Nicaragua Loans Fundraising
  • $24,558,975
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of La Anona Group's $925 loan helped a member to buy wood, varnish, sealant, and nails.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2012
Listed
Nov 4, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013