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Las Pascuas Group
In this Group: Hipolita Del Socorro, Linda Auxiliadora, Francis Carolina
This group is made up of three enterprising women. One member is Linda. She is 25 years old and has a partner, and four children who depend on her. Linda has had a business selling fruits for ten years. She sells her products in the market. She is applying for a loan to buy fruits such as bananas, oranges, melons, pineapples and avocado. Francis is 26 years old and sells bananas. Hipolita is 57 years old and has a business selling fruits and vegetables.
View original language description ↓
Grupo formado por tres emprendedoras mujeres una de ellas es Linda tiene 25 años de edad, acompañada, con cuatro hijos que dependen de ella. Su negocio es la venta de frutas desde hace 10 años, sus productos los comercializa en el mercado. El crédito lo solicita para la comprar frutas como banano, naranja, melón, piña, aguacate, etc. Francis tiene 26 años de edad y su negocio es la venta de banano y Hipolita tiene 57 años de edad y su negocio es la venta de frutas y verduras

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
  • 59
    View loans »
    Nicaragua Loans Fundraising
  • $23,422,650
    Funds lent in using Kiva
  • 25.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Pascuas Group's $700 loan helped a member to buy fruits such as bananas, oranges, melons, pineapples and avocado.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 19, 2013
Listed
Jul 19, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013