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San Juaquin Group
In this Group: Damaris Patricia , Tania Lisseth , Santiago Felipe

Update on San Juaquin Group

The solidarity group is made up of three hardworking members and is coordinated by Santiago, who is 40 years old, married, and the father of two children, one of whom is dependent on him. He works in selling used clothing from his home. He requests a loan to increase his merchandise and to buy quality packages of shirts, shorts, pants, and dresses. With the loans, he has managed to improve his quality of life, since the loans have made it possible to expand his business, and also his income. The other members are Tania, 30 years old, who sells Nicaraguan tamales, tortillas and enchiladas in her home, and Damaris, 23 years old, who offers the service of making and selling tortillas and enchiladas in her home. The group has 19 loan cycles with this institution and has shown themselves to be supportive members.
View original language description ↓
El grupo solidario está integrado por tres socios laboriosos y coordinado por el señor Santiago de 40 años, casado y padre de dos hijos y solamente uno depende de él, se dedica a la comercialización de ropa usada en su domicilio, el crédito lo solicita para aumentar la mercadería y comprar pacas de calidad de camisas, shorts, pantalón y vestidos, con los créditos ha logrado mejorar su calidad de vida, pues los créditos han hecho posible aumentar el negocio y con ellos las ganancias. Los otros socios son la señora Tania de 30 años quien ofrece nacatamales, tortillas y enchiladas en su domicilio y la señora Damaris de 23 años de edad la cual brinda el servicio de hecha y venta de tortillas y enchiladas en su domicilio. Este grupo tiene 19 ciclos prestando en esta institución y han demostrado ser socios solidarios.

Previous Loan Details

The group is formed by three entrepreneurial partners who are micro-entrepreneurs. One of them is Santiago a 39-year-old man, who is married with 2 children. His business for the last 8 years has been the sale of used clothing and jewelry. He's been a client of the institution for 7 years. He is ... More from San Juaquin 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
  • 64
    View loans »
    Nicaragua Loans Fundraising
  • $25,073,225
    Funds lent in using Kiva
  • 27.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of San Juaquin Group's $1,200 loan helped a member to buy packages of quality used clothing.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Apr 24, 2014
May 24, 2014
Currency Exchange Loss:
Nov 17, 2014
This photo was used before for a previous loan for San Juaquin Group. It was first posted on Kiva on Dec, 2013. Learn More