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Cristo Vive Group
In this Group: Jhoana , Juana Ivania, Josefa De Los Angeles
This is a group made up of three enterprising members, and each member relies on their business. One of them is Jhoana, a 48-year-old woman, married with two children under 18. Her business is selling tortillas and she's been doing this work for three years.

She will invest the loan in buying raw materials such as corn, firewood, lime, and raw beans by the quintal because she is going to sell cooked beans.

Juana is 29 years old and her business is selling clay handicraft and Josefa is 23 and her business is selling food and rice pudding.
View original language description ↓
Este es un grupo formado por tres socias emprendedoras cada socia cuenta con sus negocios, una de ellas es Jhoana mujer de 48 años de edad, casada, tiene dos hijos menores y su negocio es la venta de tortilla actividad que viene realizando desde hace 3 años. El crédito lo invertirá en la compra de materia prima como maíz, leña, cal, frijoles crudos por quintal porque va vender frijoles cocidos. Juana tiene 29 años de edad y su negocio es la venta de artesanía en barro y Josefa tiene 23 años de edad y su negocio es la venta de comida y arroz de leche.

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
  • 96
    View loans »
    Nicaragua Loans Fundraising
  • $24,742,900
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Cristo Vive Group's $825 loan helped a member to invest in buying raw materials like corn, firewood, lime, raw beans by the quintal e.t.c.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2013
Listed
Apr 22, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2013