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Marenco Group
In this Group: Patricia, Josefa, Marbell, Cristhian
The Marenco group is made up of three hard-working, enterprising women. One of them is Marbell who is 26 years old and for the past six years has sold sandals. The loan will be used to buy sandals, kids' shoes, and athletic and casual footwear for men.

The other members of the group are: Patricia Lucia who has a sewing shop that she started eight years ago; Josefa who has had a sewing shop for 12 years; and Cristian who sells clothing.
View original language description ↓
El grupo Marenco lo conforman tres personas trabajadoras y emprendedoras una de ellas es Marbell de 26 años quien se dedica a la venta de chinelas desde hace 6 años. El crédito lo invertirá en chinelas, zapatos para niños, zapato deportivo, sport y calzado para hombres.
Las otras integrantes son Patricia Lucia quien tiene un taller de costura la cual inicio hace 8 años, Josefa tiene un taller de costura desde hace 12 años y Cristian vende ropa.

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
  • 59
    View loans »
    Nicaragua Loans Fundraising
  • $25,729,225
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Marenco Group's $1,675 loan helped a member to buy sandals, kids' shoes, and athletic and casual footwear for men.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Jun 27, 2012
Aug 5, 2012
Currency Exchange Loss:
Feb 15, 2013