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Don Claudio Group
In this Group: Gloria Feliciana, Angel Domingo , Araceli De Jesus, Claudio De Los Santos
This group has four successful and enterprising members One of them is Angel who, for six years now, has been a street vendor selling all types shoes and sandals. He will invest this loan in buying shoes and sandals. Araceli sells used clothing while Gloria sells new clothes. Claudio de los Santos is a farmer. He grows vegetables, beans, watermelons and citrus fruits. He will use the loan to buy better seeds, insecticides, fertilizer and to prepare the land.
View original language description ↓
Este es un grupo formado por cuatro socios emprendedores de éxito uno de ellos es Angel que desde hace 6 años vende zapatos, sandalias, de todo tipo de estilos y medidas ambulante, el crédito lo invertirá en la compra de zapatos y sandalias, Araceli vende ropa usada, Gloria vende ropa nueva y Claudio de los Santos es agricultor, siembra hortalizas, frijoles, sandias, cítricos y el crédito lo invertirá en la compra de semillas mejorada, insecticidas, abono, preparación del terreno.




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
  • 129
    View loans »
    Nicaragua Loans Fundraising
  • $24,575,325
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Don Claudio Group's $700 loan helped a member to buy shoes and sandals.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 12, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Covered
Ended:
May 17, 2013