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Los Sequeira Group
In this Group: Maria Luisa , Jose Felix, Maria Isabel, Jose Luis , Lisbeth Del Socorro
This group is composed of five hardworking and persistent partners. One of them is Maria, 46, who is in a relationship. She has had her grocery store for 10 years and has been a client of this institution of 9 months. She is applying for a loan to buy a sack of rice, candles, tote bags, paper towels, coffee, cigars, Perfecta brand body creams, boxes of soap, sugar, bleach, detergent, ramen noodles, and others. Jose, a man of 52 years, has a grocery store business. Maria Isabel is 41 and makes her living in the purchase and sale of crops. Jose Luis is 33 and his business is selling tamales. Lisbeth is 28 and her business is buying and selling crops.
View original language description ↓
Grupo formado por cinco socios luchadores y trabajadores uno de ellos es María mujer de 46 años de edad, acompañada, su negocio es una pulpería desde hace 10 años, tiene de ser cliente de la institución 9 meses. Está solicitando nuevamente crédito para la compra de quintal de arroz, paquetes de candela,bolsones de papel, toallas, café, cigarro, crema perfecta, cajas de jabón, azúcar, cloro, detergente, marucha, etc. José hombre de 52 años su negocio es una pulpería, María Isabel tiene 41 años se dedica a la compra y venta de cosechas, José Luis tiene 33 años su negocio es la venta de tamales, Lisbeth tiene 28 años su negocio es la compra y venta de cosechas.

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

  • $4,800
    Average annual income
  • 103
    View loans »
    Nicaragua Loans Fundraising
  • $24,739,175
    Funds lent in using Kiva
  • 25.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Sequeira Group's $4,400 loan helped a member to purchase stock for her grocery store including rice, candles, and coffee.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2013
Listed
Jan 18, 2014
Currency Exchange Loss:
Possible
Ended:
May 17, 2014