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El Profeta Group
In this Group: Lisseth Vanessa , Reyna De Los Ángeles, Zelín Daniel
This group is made up of three successful members. Yamileth is 22 years old and serves as the group’s coordinator. She is married, has three children, and sells tortillas, cooked beans, and cosmetics for an extra income. She has had this business for two years and wants to expand it and needs your help. She will use the money from this loan to buy beans, corn, and products such as lipstick, nail polish, liners, blush, etc. Rayna, another member, sells night clothing to order and the gentleman, 25 year old Zelin, sells fish in the local market.
View original language description ↓
Este grupo está integrado por tres socias exitosos en sus labores diarios, coordinado por la señora Yamileth de 22 años de edad acompañada y madre de un hijo de 3 años, ofrece a los pobladores de su comunidad tortillas, frijoles cosidos y un ingreso extra es la venta de cosmético, tiene dos años de mantener este negocio y se ha propuesto aumentarlo, para esto necesita su apoyo, pues con el crédito invertirá en frijol, quintal de maíz y compra de productos como es vanidad, pinturas de labios, pinturas de uñas, delineador, rubor, etc. Otra de la socias es la señora Reyna de 20 años de edad comerciante de ropa de cama, ella lo vende por encargo y el señor Zelin de 25 años vendedor de pescado en el mercado de la localidad.

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.

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About Nicaragua

  • $3,636
    Average annual income
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $23,659,150
    Funds lent in using Kiva
  • 27.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of El Profeta Group's $575 loan helped a member to buy inventory.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 31, 2014
Listed
Apr 28, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014