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Los Lopez Group
In this Group: Felix Elena , Terencio Margarito , Ana Maria
The L. Group consists of three workers. One is Señora Felix Elena V. F., who began selling fruits and vegetables, such as sweet peppers, carrots, and onions, when she was 15 years old. By these means, she raised her six children, who each help with the work, especially on days when Felix is sick; she often has problems with her heart and circulation.

The other members of the L. Group are Ana María López B., who stitches embroidery, and Terencio Margarito Martínez Hernández, who makes traditional shoes that he sells in the Masaya Market. Their goal collectively is to expand their work places and upgrade their machinery.

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
  • 41
    View loans »
    Nicaragua Loans Fundraising
  • $26,418,100
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Lopez Group's $875 loan helped a member to expand the business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Feb 19, 2010
Feb 23, 2010
Currency Exchange Loss:
Sep 15, 2010