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Mana Group
In this Group: Karla Janett, Nelly Del Socorro, Susana María , Gladys

Update on Mana Group

The Maná group is made up of four hardworking and enterprising people, one of whom is Karla. She is 38 years old and has had a small shop for three years. She has two children aged 20 and 15. The youngest, who is still dependent on her, is studying and helps with the business.

The others are Susana, who sells cooked beans, chemicals, and general merchandise; Gladys who sells drinks, ice cream and merchandise; and Nely who has had a small grocery store for nine years.
View original language description ↓
El grupo Maná lo conforman cuatro personas trabajadoras y emprendedoras una de ellas es Karla de 38 años quien tiene una pequeña venta desde hace 3 años. Ella tiene dos hijos de 20 y 15 años de edad siendo la menor la que depende de ella, estudia y le ayuda en el negocio.
Las otras son Susana quien vende fríjoles cocidos, químicos y mercadería en general, Gladys quien vende fresco, helado y mercadería; y Nely quien tiene una pulpería desde hace 9 años.

Previous Loan Details

The group "Mana" is made up of 4 hardworking women. One of them is Karla Janett B., who is the coordinator of the group. She started out selling soft drinks, and later with the earnings and some loans she invested in products to set up her small store. Her fellow group members are Susana María... More from Mana 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
  • 46
    View loans »
    Nicaragua Loans Fundraising
  • $26,293,200
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD
A portion of Mana Group's $1,675 loan helped a member to buy staple grains, meat, etc.
Repayment Term
9 months (Additional Information)
Repayment Schedule
May 29, 2012
Jul 1, 2012
Currency Exchange Loss:
Jul 31, 2012