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Valentin Group
In this Group: Lidia Petronila , Luisa Maria , Bertha Isabel
This group is made up of three plucky and enterprising women. Lidia is 25 years old and has a partner. For four years she has made a living selling "fritanga" (a local food dish) from her home. Lidia is applying for a loan in order to buy tortillas, cheese, plantains, bananas, red meat, pork, chicken, tomato, sweet pepper, onion, garlic, bitter oranges, rice, beans, oil, firewood, and more. Bertha is 28 years old and also sells "fritanga". Twenty-nine-year-old Luisa has a business selling clothes.
View original language description ↓
Grupo formado por tres mujeres luchadoras y emprendedoras Lidia tiene la edad de 25 años, acompañada, se dedica desde hace 4 años a la venta de fritanga en su domicilio. El crédito lo está solicitando para la compra de tortillas, queso, plátanos verdes, plátanos maduros, carne de res, carne de cerdo, carne de pollo, tomate, chiltoma, cebolla, ajo, naranja agria, arroz, frijoles, aceite, leña, etc. Bertha tiene 28 años su negocio es la venta de fritanga, Luisa tiene 29 años su negocio es la venta de ropa.

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

  • $4,800
    Average annual income
  • 129
    View loans »
    Nicaragua Loans Fundraising
  • $24,535,925
    Funds lent in using Kiva
  • 25.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Valentin Group's $750 loan helped a member to buy tortillas, cheese, plantains, bananas, red meat, pork, chicken, tomato, sweet pepper, onion, garlic, bitter oranges, rice, beans, oil, firewood, and more.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2013
Listed
Dec 20, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014