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Las Uvas Group
In this Group: Mayra Del Socorro , Belqui Jessenia , Juana Maria
This group is made up of three enterprising members. One of them is 31-year old Mayra who is married and has had a business peddling bananas, enchiladas, soft drinks, and nicknacks for three years.

She is seeking a loan to buy more merchandise such as bananas, oil, firewood, bags, cabbage, cheese puffs, candy, cookies and soft drinks.

19-year old Belqui sells soft drinks. 52-year old Juana sells perishables (fruit and vegetables).
View original language description ↓
El grupo lo conforman tres socias emprendedoras una de ellas es Mayra tiene 31 años de edad, acompañada, su negocio es la venta de platanitos, enchiladas, gaseosas, chiverías ambulante desde hace 3 años. El crédito lo está solicitando para la compra de materia prima como plátanos, aceite, leña, bolsas, repollo, meneítos, caramelos, galletas, gaseosas. Belqui tiene 19 años su negocio es la venta de gaseosas y Juana mujer de 52 años su negocio es la venta de perecederos.

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
  • 167
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,825
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Uvas Group's $475 loan helped a member buy bananas, oil, firewood, bags, cabbage, cheese puffs, candy, cookies and soft drinks.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2013
Listed
Oct 17, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014