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In this Group: Yahoska Eveling, Olga Marina , Ana Maria
The Havila Group consists of three young women from Nejapa, a semirural area in Managua. This area is inherently difficult for its residents because it does not have running water and, along with nearby neighborhoods, the area is deteriorating.

In this group is Ana Maria C. A. who sells food, Olga Marina who distributes Avon brand cosmetics, and the coordinator of this group, Yahoska Eveling M.. Yahoska’s goal is to have a clothing store. A year and a half ago she began selling used clothing in small quantities, and so far she has not had enough capital to invest in more than a little inventory. Thanks to the loans from ADIM she has been able to purchase a little more to please her clientele. She will use this loan to purchase more clothing as well.

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
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 21.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Havila Group's $725 loan helped a member to purchase items of clothing.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Feb 22, 2010
Feb 26, 2010
Currency Exchange Loss:
Aug 15, 2010