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Valle Verde Group
In this Group: Ada Rosa , Maria Antonia , Juana Francisca, Elba Undena , Humberto Javier , Lucia Del Carmen

Update on Valle Verde Group

The group consists of six working members, and is coordinated by 58 year old Ada who's married and works every day selling food. On weekends she increases sales with fried foods, selling it at a stand near the ENACAL water well in her community. She needs the loan to purchase foods such as a hundredweight of rice, beans, oil, beef, chicken, green plantains, bananas, ripe plantains, and has an assistant to help her on weekends. The rest of the week she's in charge of making the aforementioned product on her own. Another member is 59 year old Elba who sells Zermat cosmetics, second hand clothes and jewelry. Also there's the member Maria who has a grocery store in her home and Juana who sells beverages, corn, enchiladas and everything she's able to sell on the streets of her community as well as selling ice and cooked beans from home. Javier offers loans to low-income people to give them a hand so they can get through hard times and last but not least the member Lucia sells food from her home every day.
View original language description ↓
El grupo está integrado por seis socios trabajadoras, lo coordina la señora Ada de 58 años de edad, casada, se dedica a la venta comida todo los días y los fines de semana aumenta la venta con fritanga, lo comercializa en un kiosko cercano al pozo de agua de ENACAL de su comunidad, el crédito lo requiere para la compra de alimentos como es el quintal de arroz, frijoles, aceite, carne de res, carne de pollo, plátano verde, plátano, maduro, entre otros, cuenta con la ayuda de una trabajadora los fines de semanas, el resto de la semana solamente ella es la encargada de elaborar dicho producto. Otra socia es la señora Elba de 59 años que comercializa cosmético de la Zermat, ropa de segunda y venta de bisutería, también la socia María que tiene una pulpería en su domicilio, la señora Juana que se dedica a la venta de gaseosas, elotes, enchiladas y todo lo que pueda ofrecer en las calles de su comunidad y en su domicilio vende hielo y frijoles cocidos, el señor Javier quién ofrece a personas de escasos recursos préstamos para que se ayuden, de manera que subsanen un poco la crisis que presentan y por último, pero no menos importante, tenemos a la socia Lucía la cual vende comida en su domicilio todos los días.

Previous Loan Details

This group is made up of 6 members. One of them is Ada who is 57 years old and has one child under her responsibility. She runs a small cafe in her home and also sells food. She has been doing this for 8 years. Ada is asking for the loan to buy supplies such as fizzy drinks, juice, biscuits, ... More from Valle Verde 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

  • $4,800
    Average annual income
  • 95
    View loans »
    Nicaragua Loans Fundraising
  • $25,011,000
    Funds lent in using Kiva
  • 25.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Valle Verde Group's $2,700 loan helped a member to purchase products such as rice, beans, beef, green plantain, ripe plantains, marucham soups, oil, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Mar 19, 2014
Apr 24, 2014
Currency Exchange Loss:
Sep 17, 2014