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Los Cheles Group
In this Group: Oscar Jose , Dina Aracely , Soledad Del Rosario
This group is comprised of three determined workers. Oscar, 32, has a common-law wife and he grows crops which he sells at the local market. He wants to plant chili peppers, yucca plant, banana and tomato. He also wants to buy fertilizer, hire a worker and pay for transportation.

The other members of the group are Dina, 29, who sells agricultural produce and Soledad, 51, who sells vegetables.
View original language description ↓
Este grupo lo conforman tres socios trabajadores y luchadores. Oscar tiene la edad de 32 años, acompañado, su negocio es la siembra de perecederos, para posteriormente irlos a vender al mercado de su localidad. Quiere invertir en la siembra de pipián, yuca, banano y tomate, compra de abono, pago de mozo, transporte. Otro de los integrantes es Dina mujer de 29 años su negocio es la venta de perecederos y Soledad mujer de 51 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
  • 141
    View loans »
    Nicaragua Loans Fundraising
  • $24,098,050
    Funds lent in using Kiva
  • 25.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Cheles Group's $475 loan helped a member to plant crops, buy fertilizer and hire a worker and transportation.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2013
Listed
Dec 20, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014