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Aguacatillo Group
In this Group: María, Teresa, Ana
The 'El Aguacatillo' group is made up of three hard-working and entrepreneurial people. The group's coordinator is María who has been selling 'pinol' (flour made from toasted corn) and vegetables in the market for five years. Her weekly sales total approximately 2,250 cordobas.

María will use her loan to buy corn, cacao and vegetables for her business.

The other members of this group are Teresa who has been selling fruit and vegetables for five years and Ana who has been making pillows and selling cashew nuts for five years.
View original language description ↓
El Aguacatillo lo conforman tres personas trabajadoras y emprendedoras. La coordinadora del grupo es la señora María quien vende pinol y verduras desde hace 5 años en el mercado. La venta de semanal de ella es de 2,250 aproximadamente.
Con el crédito comprará maíz, cacao y verduras para el negocio.
Los otros integrantes son Teresa quien se dedica al comercio de frutas y verduras desde hace 5 años y Ana realiza almohadas y vende semillas de marañón desde hace 5 años.

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
  • 51
    View loans »
    Nicaragua Loans Fundraising
  • $26,293,200
    Funds lent in using Kiva
  • 22.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Aguacatillo Group's $950 loan helped a member to buy corn, cacao and vegetables.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 30, 2011
Jul 24, 2011
Currency Exchange Loss:
Jan 15, 2012