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Maranata Group
In this Group: Hipolita Del Socorro, Blanca Dorisel, Erick Antonio
This group is comprised of three determined entrepreneurs, one of whom is Blanca. She is 28 years old, has a common-law husband and sells fruits at the small market in her community. She has been in business for eight years and is requesting a new loan to buy spices such as annatto, cinnamon, clove, camomille, pepper, rosemary, etc.

Hipólita, 57, has been selling fruits for 15 years. Erick, 23, has been selling bags for four years.
View original language description ↓
El grupo lo forman tres socios emprendedores y luchadores uno de ellos es Blanca tiene 28 años, acompañada, su negocio es la venta de frutas en el tiangue de su comunidad desde hace 8 años, ella solicita crédito para invertir en un nuevo negocio como es la compra de especies como es achote, canela, clavo de olor, salsa inglesa, algodón, manzanilla, pimienta, anelina, azulillo, romero, otros. Hipólita tiene 57 años su negocio es la venta de frutas desde hace 15 años, Erick tiene 23 años su negocio es la venta de bolsos desde hace 4 años.

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
  • 97
    View loans »
    Nicaragua Loans Fundraising
  • $24,386,550
    Funds lent in using Kiva
  • 25.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Maranata Group's $950 loan helped a member to buy spices such as annatto, cinnamon, clove,camomille, pepper, rosemary, etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2013
Listed
Dec 20, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014