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Lemon Group
In this Group: Norman, Daysi, Mayra

Update on Lemon Group

The Lemon group has three hardworking, enterprising members. One of them is Norman Alberto who has been selling used clothes for the last five years. He will invest the loan to buy bundles of clothes. The other members are Deysi del Socorro who has sold nacatamales [Nicaraguan-style tamales] for the last ten years and Mayra Libia who has sold used clothes for the last year.
View original language description ↓
El grupo Lemon lo conforman tres personas trabajadoras y emprendedoras una de ellas es Norman Alberto quien se dedica al comercio de ropa usada desde hace 5 años negocio en el que invertirá el crédito con la compra de pacas.
Las otras integrantes son Deysi del Socorro quien vende nacatamales desde hace 10 años y Mayra Libia vende ropa usada desde hace un año.

Previous Loan Details

The “El Limón” (The Lemon) group is made up of three hardworking, enterprising people. One of them is Norman Alberto, 35, who sells used clothes. He started the business five years ago looking for a way to move his family ahead. He’s married and has two boys. The other group members are Day... More from Lemon 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
  • 30
    View loans »
    Nicaragua Loans Fundraising
  • $26,391,875
    Funds lent in using Kiva
  • 23.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Lemon Group's $1,100 loan helped a member to buy bundles of clothes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 25, 2012
Sep 7, 2012
Currency Exchange Loss:
Feb 15, 2013