Check out some available loans that are similar to this one!
8 De Enero Group
In this Group: Suyen, Karla, Gricelda
The "8 de enero" ["January 8"] group is made of of three hard-working, determined and enterprising people. One of them is Suyen del Carmen A. Áreas, who is 25 years old. She has operated a tortilla business for five years, and she also butchers pigs. She works together with her mother in both businesses, which is a great help to her, above all in supporting her four little children, for whom she would like to provide a better quality of life.

The other members of the group are Karla M. Aragon, age 30, who has sold cosmetics for one year, and Griselda Maudalena R. Solórzano, age 24, who has a small sales stand and sells soup.
View original language description ↓
El grupo 8 de enero está conformado por tres personas trabajadoras, esforzadas y emprendedoras una de ellas es Suyen del Carmen A. Áreas de 25 años tiene una tortillería desde hace cinco años y destaza cerdo. Ella trabaja junto con su madre en ambos negocios la cual es de gran ayuda principalmente para sustentar a sus cuatro pequeños a los cuales desea darles una mejor calidad de vida.

Las otras integrantes del grupo son Karla M. Aragón de 30 años comercializa cosméticos desde hace un año y Gricelda Maudalena R. Solórzano de 24 años tiene una pequeña venta y vende sopa.

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
  • 53
    View loans »
    Nicaragua Loans Fundraising
  • $26,297,675
    Funds lent in using Kiva
  • 21.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of 8 De Enero Group's $750 loan helped a member buying corn and firewood.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 12, 2010
Nov 22, 2010
Currency Exchange Loss:
Jun 15, 2011