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Vista Bonita Group
In this Group: Roberto Antonio , Jairo Miguel , Pedro Joaquin
This group is comprised of three small entrepreneurs whose businesses are quite successful. One of them, Roberto, 68 years old, is married and has a twenty-year-old son. He sells cooked broad beans, firewood, and ornamental plants. He started this business three years ago and has been running it with the help of his wife ever since. He will use the loan to buy plant pots, a quintal of broad beans, bundles of firewood, etc. The two other members of the group are Pedro Joaquín, 67 years old, who is a pig butcher and also sells natacamales (a Nicaraguan dish similar to the tamale), and Jairo, 27 years old, who runs a video game rental service.
View original language description ↓
Grupo formado por tres socios varones micro empresarios de éxitos uno de ellos es Roberto hombre de 68años de edad, casado, con un hijo de 20 años de edad y su negocio es la venta de frijoles cocidos, venta de leña, plantas ornamentales actividad que inicio desde hace 3 años. su esposa le ayuda a atender el negocio . El crédito lo invertirá en la compra de maceteras, quintal de frijoles, fletes de leñas etc. Pedro Joaquín es otro socio su edad es 67 años su negocio es el destace de cerdo y venta de nacatamales y Jairo tiene 27 años y su negocio es el alquiler de videos juegos.

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
  • 81
    View loans »
    Nicaragua Loans Fundraising
  • $23,617,600
    Funds lent in using Kiva
  • 25.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Vista Bonita Group's $925 loan helped a member to buy plant pots, a quintal of broad beans, bundles of firewood, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 4, 2013
Listed
Aug 17, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 18, 2014