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Nueva Vida En Cristo Group
In this Group: Rosa Esmeralda, Esther De Los Angeles, Yamileth De Los Angeles
This communal bank comprises three women. Rosa, 34, is a member, is married, and has three minor children. She has managed a grocery store in her home for five years. She will use this loan to buy rice, beans, sugar, oil, beef, chicken, milk products, bath soap, cosmetics, medicines, vegetables, and perishables. Esther, 36, has a store in her home; Jennifer sells enchiladas and tacos.
View original language description ↓
Grupo formado por tres socias emprendedoras una de ellas es Rosa mujer que tiene 34 años de edad, casada y con dos hijo menores de edad, ella tiene una pulpería en su domicilio desde hace cinco años, el crédito lo invertirá en granos básicos como arroz, frijoles, azúcar, aceite, carne de res, carne de pollo, productos lácteos, jabón de baño, jabón de lavar, cosméticos, medicamentos populares, verduras, perecederos, etc. Esther tiene una pulpería en su domicilio y tiene 36 años de edad y Jennifer vende enchiladas y tacos.

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
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $24,581,200
    Funds lent in using Kiva
  • 24.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Vida En Cristo Group's $1,250 loan helped a member to buy rice, beans, sugar, oil, beef, chicken, milk products, bath soap, cosmetics, medicines, vegetables, and perishables.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Covered
Ended:
Sep 27, 2013