Check out some available loans that are similar to this one!
Union Y  Esfuerzo Group
In this Group: Brigida Del Socorro , Candida Rosa , Ana Del Rosario

Update on Union Y Esfuerzo Group

This group is made up of three successful, enterprising members. One of them is Cándida who sells nacatamales [Nicaraguan-style tamales] and bread; she’s been in business about two years and started out selling nacatamales. She will use the loan to buy raw materials like pork, banana leaves, perishables, rice, vegetables, corn, lime powder, etc.

Brígida sells soup at home on the weekend and Ana sells food and assorted Avon cosmetics.
View original language description ↓
Este grupo está formado por tres socias emprendedoras de éxito una de ella es Cándida que se dedica a la venta de nacatamal y pan desde hace dos años, inicia su negocio vendiendo nacatamales, el crédito lo invertirá en la compra de materia prima como carne de cerdo, hojas de chagüites, perecederos, arroz, vegetales, maíz, cal, etc. Brígida vende sopa los fines de semanas en su casa y Ana vende comida y cosméticos de la Avon variado.

Previous Loan Details

This solidarity group is made up of three members, successful microentrepreneurs with different businesses. For example, Cándida has dedicated herself over the past two years to selling nacatamales [traditional Nicaraguan tamales] and bread. She also keeps domestic birds, including 20 hens, 6 duc... More from Union Y Esfuerzo 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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $25,382,700
    Funds lent in using Kiva
  • 24.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Union Y Esfuerzo Group's $675 loan helped a member to buy raw materials.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jan 11, 2013
Mar 1, 2013
Currency Exchange Loss:
Jul 17, 2013