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Mano Amiga Group
In this Group: Mariela, Amparo , Anelka

Update on Mano Amiga Group

This communal bank has 3 members who are each very enterprising. Mariela has had a store in her house for 3 years. She has a partner and 3 children, and with the income she generates from her business she contributes to the support of her family. She will invest this loan in the purchase of staple foods such as rice and beans, bath soap, laundry soap, beef, chicken, etc. The other members are Amparo, a 68 year-old woman who sells clothing, and Anielka, who sells clothing and fruit.
View original language description ↓
Grupo formado por tres socias emprendedoras características de cada una de ellas como es el caso de Mariela que tiene una pulpería en su domicilio desde hace 3 años, mujer acompañada con tres hijos menores que de los ingresos que le genera su negocio aporta al sustento de su familia, el crédito lo invertirá en la compra de granos básicos como arroz, frijoles, aceite, jabón de baño, jabón de lavar, carne de res, carne de pollo etc. Amparo mujer de 68 años vende ropa y Anielka vende ropa y cosechas de frutas.

Previous Loan Details

The Mano Amiga Group is composed of three entrepreneurial, hard-working women and Mariela is the coordinator of the group. She has a small grocery store which began by selling just a few products, mainly snacks and soft drinks. The business sells approximately 43,600 monthly. Mariela is marrie... More from Mano Amiga 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
  • $26,398,725
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Mano Amiga Group's $900 loan helped a member to buy grains, dairy products, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Sep 28, 2012
Nov 3, 2012
Currency Exchange Loss:
Apr 17, 2013