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San Judas Group
In this Group: Marvel De Los Angeles, Maria De Los Angeles , Digna Isabel
The group is formed by three successful entrepreneurial partners. One woman, Marvel, is 31 years old and unmarried. Her business is woodwork which she has been doing for 4 years. She works with two people who help her with her business and to whom she pays a salary.

The purpose of the loan is to purchase raw materials such as wood, paint, nails, ornaments, etc. Digna is 57 years old and owns an embroidery shop, and Maria is 48 and sells caramels.
View original language description ↓
Grupo formado por tres socias emprendedora de éxitos una de ellas es Marvel mujer de 31 años de edad, soltera y su negocio es la artesanía en madera, esta actividad la viene realizando desde hace 4 años, cuenta con dos personas que le ayudan en el negocio con salario, el objetivo del préstamo es para adquirir materia prima como madera, pinturas, clavos, adornos etc. Digna tiene 57 años de edad y su negocio es de un taller de bordados y María tiene 48 años de edad y su negocio es la venta de cajetas.

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

  • $3,636
    Average annual income
  • 120
    View loans »
    Nicaragua Loans Fundraising
  • $24,405,100
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of San Judas Group's $750 loan helped a member to invest the loan in the purchase of raw materials such as wood, paint, nails, ornaments, etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2013
Listed
Jun 27, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013