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Naciones Unidas Group
In this Group: Geyssel Junieth, Maritza, Lila Esperanza

Update on Naciones Unidas Group

This is a group of three women. Geyssel is 24 years old, married, with a one and a three-year-old child. She has had her business for four years. She will use this loan to buy a variety of clothing for men and women such as pants, underwear, shirts, sandals, etc. Lila sells sandals and various clothes. Maritza sells typical Nicaraguan food from her home.
View original language description ↓
Este grupo está formado por tres socias una de ellas es Geyssel tiene 24 años de edad, casada, con dos hijos de 01 y 3 años de edad, tiempo de tener su negocio 4 años, el crédito lo invertirá en la compra de ropa variada unisex como pantalon de varon, pantalon de dama,ropa interior de dama, ropa interior de varon, camisa de varon, camisa de mujer, shores de varon etc Lila vende sandalia y ropa variada y Maritza vende fritanga en su domicilio.

Previous Loan Details

The United Nations group is made up of four hard-working and entrepreunerial people, who are: Geyssel who sells clothes, Maritza who sells food, Enma Rosa who sells clothes, and finally Julio who also sells clothes. Geyssel is 23 years old and has been selling clothes for approximately 4 years w... More from Naciones Unidas Group's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 96
    View loans »
    Nicaragua Loans Fundraising
  • $24,739,175
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Naciones Unidas Group's $725 loan helped a member to buy a variety of clothing for men and women such as pants, underwear, shirts, sandals, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013