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Jesus Resucitado Group
In this Group: Luz Marina, Margie Veronica, Marta Gloria
This group is comprised of three successful entrepreneurs, one of whom, Margie, owns a grocery store and sells cosmetics out of her home. She is married and has three children. She plans to use the loan to buy staples such as rice, beans, sugar, oil, beef, chicken and sausage, as well as Avon cosmetics.

Luz Marina sells Avon cosmetics and nacatamales (corn meal cakes) and Martha has a grocery store at home and also sells fried foods at night.
View original language description ↓
Grupo formado por tres socias emprendedoras de éxito una de ellas Margie quien es propietaria de una pulpería y vende cosméticos en su casa de habitación.
Es una mujer casada, con tres hijos, el crédito lo invertirá en la compra de granos básicos como arroz, frijoles, azúcar, aceite, carne de res, carne de pollo, embutidos, cosméticos de la Avon etc. Luz Marina vende cosméticos de la Avon y vende nacatamales y Martha tiene una pulpería en su casa además vende fritanga por las noches.

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
  • 134
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Jesus Resucitado Group's $1,850 loan helped a member to buy rice, beans, sugar, oil, beef, chicken, sausage and Avon cosmetics.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 12, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Covered
Ended:
Sep 27, 2013