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Santa Fe Group
In this Group: Evelin Del Socorro, Ana Maria, Jose Antonio

Update on Santa Fe Group

This group consists of three hard working members. One of them is Ana, who is 34 years old and lives with her partner and two children. She has run a grocery store in her home for the past 9 years. She has been a client with this MFI for 3 years. She is requesting a loan to buy quintals of beans, rice, sugar, eggs, cream and other items.

The other members in the group are José, who is 41 years old and sells bread and fruit and Evelin, who is 35 years old and makes a living selling milk.
View original language description ↓
Grupo Formado por tres integrantes luchadores uno de ellos es Ana tiene la edad de 34 años, acompañada, con dos hijos su negocio es una pulpería ubicada en su domicilio desde hace 9 años. Tiene de ser cliente de la institución 3 año. El crédito lo solicita para la compra de quintales de frijoles, arroz, azúcar, huevo, crema perfecta, Frijoles, otros. José tiene la edad de 41 años su negocio es la venta de frutas y pan, Evelin tiene 35 años su negocio es la venta de leche.

Previous Loan Details

This group is comprised of three entrepreneurs, one of whom is Ana, 34, who lives with her common-law husband and two children, ages 15 and 9. She has a business selling nacatamales and tortillas. For eight years she has been running a grocery store out of her home. She has been a member of the… More from Santa Fe Group's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 152
    View loans »
    Nicaragua Loans Fundraising
  • $23,163,975
    Funds lent in using Kiva
  • 25.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Fe Group's $1,400 loan helped a member to buy quintals of beans, rice, sugar, eggs, cream and other items.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Nov 22, 2013
Dec 20, 2013
Currency Exchange Loss:
Jul 17, 2014