Check out some available loans that are similar to this one!
30 De Mayo Group
In this Group: Elizabeth Del Carmen, Reyna Isabel , Juana Mercedes
This group consists of three entrepreneurial members. One of these is Reyna, who for 20 years has sold corn as a street seller and in her home. In her community she is well-known for her business.

She will invest this loan in the purchase of corn on the cob to store. Elizabeth and Juana are the two members of the group. They both make their living by selling corn on the cob.
View original language description ↓
Grupo formado por tres socias emprendedoras una de ellas es Reyna que hace 20 años vende elotes ambulantes y en su domicilio, en su comunidad es bien reconocida por su negocio, el crédito lo invertirá en la compra de elotes para acopio, Elizabeth y Juana son las dos integrantes del grupo se dedican ambas a la venta de elotes.

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
  • 139
    View loans »
    Nicaragua Loans Fundraising
  • $24,079,275
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of 30 De Mayo Group's $1,450 loan helped a member to invest in the purchase of corn on the cob in large quantities.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Covered
Ended:
Sep 27, 2013