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El Guanacaste Group
In this Group: Reyna, Blanca, Angela

Update on El Guanacaste Group

The El Guanacaste Group is made up of three hard-working and enterprising people. One of them is Reyna Elizabeth who is 24 years old and who had been earning her living selling clothes and cakes for four years. She will use the loan to buy clothes and diversify her fruit sales.
The other members are Ángela del Carmen who has had a general store for 5 years and Blanca who has a general store and has been selling meat and ready-made dishes for 5 years. 
View original language description ↓
El grupo El Guanacaste lo conforman tres personas trabajadoras y emprendedoras una de ellas es Reyna Elizabeth de 24 años quien se dedica a la venta de ropa y repostería desde hace cuatro años. El crédito lo invertirá en mercadería en ropa y diversificarlo con la venta de frutas.
Las otras integrantes son Ángela del Carmen tiene una pulpería desde hace 5 años y Blanca quien tiene una pulpería, vende carne y comideria desde hace 5 años.

Previous Loan Details

The Guanacaste group is made up of four hard-working and enterprising women. The group coordinator is the young Reyna Elizabeth, who has sold clothing, cosmetics, perfume and silver for two and a half years. She is married and has two children ages 2 and 7. Her goal is to expand her business. Th... More from El Guanacaste 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
  • 83
    View loans »
    Nicaragua Loans Fundraising
  • $25,792,450
    Funds lent in using Kiva
  • 23.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of El Guanacaste Group's $1,200 loan helped a member comprar ropa y frutas.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 28, 2012
Oct 1, 2012
Currency Exchange Loss:
Jan 19, 2013