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Molinos De Vientos Group
In this Group: Hurit Marissela , Emerita Adaluz, Erika Faviola, Yerika Patricia
Four are the members of this solidary group, one of whom is Hurit, 23 years old, married and with a young child, she has made a living as a pork butcher from her home for 6 years now. They are requesting the loan to buy live pigs and to buy clothes for sale, such as pants, blouses, shirts, t-shirts, shorts, etc.

The other members of the group are: Emérita, a 40-year-old woman whose business is the sale of breakfasts; Erika, a 26-year-old woman whose business is the sale of clothes; and Yerika who is 21 years old and whose business is the sale of clothes.
View original language description ↓
Cuatro son los socios que forman este grupo solidario uno de ellos es Hurit tiene la edad de 23 años, casada, con un hijo menor, se dedica al destace de cerdo en su domicilio desde hace 6 años. el crédito lo está requiriendo para la comprar de cerdo en pie y compra de mercadería de ropa como pantalones, blusas, camisas, camisetas, shore, etc. Emérita mujer de 40 años de edad su negocio es la venta de desayunos, Erika mujer de 26 años su negocio es la venta de ropa y Yerika tiene 21 años su negocio es la venta de ropa.

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.

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About Nicaragua

  • $3,636
    Average annual income
  • 71
    View loans »
    Nicaragua Loans Fundraising
  • $23,443,000
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Molinos De Vientos Group's $850 loan helped a member to buy live pigs and to buy clothes for sale, such as pants, blouses, shirts, t-shirts, shorts, etc.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2013
Listed
Nov 17, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014