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Pitahaya Group
In this Group: Maribel Del Carmen , Antonia Del Carmen, Maria Auxiliadora
This group is formed by three successful entrepreneurial partners. One of them is Antonia, a 48-year-old woman who is married with five children. Her business is a small grocery store she has had in her home for the last four years. Prior to that she was a housewife. She has been a client of the institution for four years. The loan will be invested in the purchase of grains like rice, sugar, oil, beans, toilet paper, salt, firewood, beef, chicken, diapers, etc.

María is 54 years old and her business is also a small grocery store. Maribel is 44 years old and her business is the sale of soft drinks, chicken, mortadella, and ice.
View original language description ↓
Este grupo está formado por tres socias emprendedoras de éxito una de ellas es Antonia, mujer de 48 años de edad, casada con cinco hijos, su negocio es tener una pulpería en su domicilio desde hace 4 años anteriormente se dedica hacer ama de casa, tiene cuatro años de ser cliente de la institución, el crédito lo invertirá en la compra de granos como arroz, azúcar, aceite, frijoles, papel higiénico, sal, leña, carne de res, carne de pollo, pampers etc. María tiene 54 años de edad y su negocio también es de una pulpería, y Maribel tiene 44 años y su negocio es la venta de gaseosas, pollo, mortadelas, hielo.

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
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,597,675
    Funds lent in using Kiva
  • 25.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Pitahaya Group's $975 loan helped a member to buy grains like rice, as well as sugar, oil, beans, toilet paper, salt, firewood, beef, chicken, diapers, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2013
Listed
Jun 11, 2013
Currency Exchange Loss:
Covered
Ended:
Dec 20, 2013