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El Calvarito Group
In this Group: Onelia De Los Angeles , Danelia Ivania , Consuelo Del Carmen
This group is comprised of three members who are entrepreneurs and small business owners, one of whom is Consuelo, who is 63 and has a common-law husband. She raises pigs and makes starch at home. She has been in business for 28 years and has two people who help in the business.

She is requesting a loan to buy a pig and animal feed, as well as ingedients to make starch Onelia is 22 and has a mini-market and Danelia, 30, has a vegetable business.
View original language description ↓
Este grupo lo conforman tres socias emprendedoras y microempresarias una de ellas es Consuelo tiene la edad de 63 años, acompañada, su negocio es la crianza de cerdo y la elaboración de almidón en su domicilio, lleva dedicándose a esta actividad económica 28 años, tiene a dos personas que le ayudan en sus negocio. El crédito lo está solicitando para la compra de cerdo en pie, purina, para la elaboración de almidón necesita comprar yuca, payana de chicha. Onelia tiene 22 años su negocio es una mini pulpería y Danelia mujer de 30 años su negocio es la venta de 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
  • 164
    View loans »
    Nicaragua Loans Fundraising
  • $23,187,275
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of El Calvarito Group's $1,050 loan helped a member to buy a pig, animal feed and ingredients to make starch.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 23, 2013
Listed
Nov 27, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014