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Buena Vida Group
In this Group: Dulce Maria, Raquel De Los Angeles, Domingo Jose
This group consists of three micro-entrepreneurs: one of them is Dulce who has been selling snacks, sweets, and clothing for the past 4 years. She is a single mother with three underage children. She's responsible for their education and well-being. She will use the loan to buy an assortment of adult & child clothing and snacks. Domingo, another member, provides motorcycle taxi service in his municipality with his wife, who sells a drink made with cornstarch and water (pinolillo) to help support the household. Raquel, the third member, sells Avon and Zermat cosmetics along with snacks from her house.
View original language description ↓
Socios microempresarios formado por tres integrantes uno de ellos que es Dulce se dedica a la venta de chiverías, golosinas y venta de ropa actividad que tiene 4 años de estar en esa actividad es madre soltera con tres hijos menores de edad que se encarga de su educación y manutención el crédito lo invertirá en la compra de ropa variada, de adultos y niños, compra de golosinas etc. Domingo brinda servicio de moto taxis en el municipio además con su esposa vende pinolillo, pinol blanco como apoyo a la economía del hogar y Raquel vende cosméticos de la Avon, Zermat y golosinas en sus domicilio.

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
  • 97
    View loans »
    Nicaragua Loans Fundraising
  • $24,800,300
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Buena Vida Group's $675 loan helped a member to buy snacks and an assortment of adult and child clothing.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2012
Listed
Nov 19, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2013