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San Miguel Group
In this Group: Yessica De Los Angeles , Nelson, Anielcka Maria
This is a group consisting of three enterprising, successful members. One of them is Yesica, a married woman. She’s been selling fruit and vegetables in Masaya’s market for a year. She will use the loan to buy fruit like apples, grapes, papaya, watermelon and oranges and vegetables like sweet onions, peppers, tomatoes, potatoes, etc.

Anielka sells Avon and Zermat products and Nelson sells shoes.
View original language description ↓
Grupo formado por tres socios emprendedores de éxito una de ella es Yesica es una mujer casada, tiene un año de vender frutas y verduras en el mercado de Masaya, el crédito lo invertirá en la compra de frutas como manzanas, uvas, papaya, sandias, naranjas y verduras como cebolla dulce, chiltoma, tomate, papa etc. Anielka vende productos de la Avon, zermat y Nelson vende zapatos.

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
  • 24.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of San Miguel Group's $1,325 loan helped a member to buy fruit and vegetables.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 11, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2013