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Proyecto Group
In this Group: Margina Elizabeth, Maria Auxiliadora, Deyanira Auxiliadora
This group is made up of three entrepreneurial women. One of them is Margina who is 43 years old and has a partner and a dependent 14-year-old son. For 12 years she has had a business selling meat and runs the business with her partner.

Margina is asking for the loan to buy beef wholesale.

Deyanira is 27 years old and has a business selling clothing and María makes a living selling food.
View original language description ↓
El grupo lo conforman tres socias emprendedoras una de ellas es Margina mujer de 43 años de edad, acompañada, con un hijo bajo su cargo de 14 años, su negocio es comerciante de carne desde hace 12 años, su compañero y ella atienden el negocio. El crédito lo solicita para la compra de carne de res al por mayor.Deyanira tiene 27 años su negocio es la venta de ropa y María se dedica a la venta de comida.

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.

Tags

About Nicaragua

  • $3,636
    Average annual income
  • 97
    View loans »
    Nicaragua Loans Fundraising
  • $24,384,275
    Funds lent in using Kiva
  • 25.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Proyecto Group's $1,800 loan helped a member to buy beef wholesale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2013
Listed
Dec 20, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014