Check out some available loans that are similar to this one!
El Paraiso Group
In this Group: Martha Lorena, Orlando Enrique, Benicia Victoria
This group consists of three members who are successful entrepreneurs. One of them is Benicia, a 61-year-old woman who is married and has two grown children. Her business is a store that she has managed from her home for more than 10 years. Benicia’s business is well-known in the community for the products she sells. Her loan will be invested in the purchase of basic grains, such as rice, as well as beans, sugar, oil, chicken, beef, tomato sauce, cheese, cream, bags of milk, cosmetics, school supplies, different sodas, a variety of clothing, sardines, spices, vegetables, cotton, and other items.


Orlando is 55 years old and has business of selling fried foods from his home. Martha is 58 years old and has a business of selling bookstore items.

View original language description ↓
Grupo formado por tres socios emprendedores exitosos una de ellas es Benicia mujer de 61 años de edad, casada, con dos hijos mayores. Su negocio es una pulpería que tiene más 10 años en su domicilio, su negocio es reconocido en su comunidad a quienes les vende sus productos, el crédito lo invertirá en la compra de granos básicos como arroz, frijoles, azúcar, aceite, carne de pollo, carne de res, salsa de tomate, queso, crema, leche en bolsa, cosméticos, artículos escolares, gaseosas variadas, ropa variada, sardinas, especies, verduras algodón etc., Orlando tiene 55 años de edad su negocio es la venta de fritanga en su domicilio y Martha tiene 58 años de edad y su negocio es la venta de productos de librerías.

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
  • 132
    View loans »
    Nicaragua Loans Fundraising
  • $24,575,325
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of El Paraiso Group's $1,375 loan helped a member to buy rice, beans, sugar, oil, chicken, beef, tomato sauce, cheese, cream, bags of milk, cosmetics, school supplies, different sodas, a variety of clothing, sardines, spices, vegetables, cotton, and other items.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2013
Listed
May 23, 2013
Currency Exchange Loss:
Covered
Ended:
Dec 20, 2013