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

Update on Mana Group

The group is made up of four enterprising members. One of them is Karla who has had her home-based grocery store business for 6 years. She is 39 years old, single, and has two children aged 16 and 20 who help her with the administration of her business.

She will use the loan to buy stock for the grocery store such as rice, beans, sugar, oil, bathing soap, soap for washing clothes, toilet paper, cheese, eggs, dairy products, beef, chicken, etc.

Susana sells chemical products, Gladys sells natural soft-drinks and ice-creams, and Nelly provides photography services.
View original language description ↓
Grupo formado por cuatro socias emprendedoras una de ellas es Karla tiene 6 años de tener su negocio y es una pulpería que tiene en su domicilio, tiene 39 años de edad, soltera y con dos hijos de 16 y 20 años de edad quienes le ayudan en la administración de su negocio. El crédito lo invertirá en la compra de inventario de pulpería como es arroz, frijoles, azúcar, aceite, jabón de baño, jabón de lavar ropa, papel higiénico, queso, huevo, productos lácteos, carne de res, carne de pollo etc. Susana vende productos químicos, Gladys vende refresco natural y helados y Nelly brinda servicios de fotografías.

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
  • $26,258,500
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Mana Group's $1,625 loan helped a member to buy grains like rice, beans, sugar, oil, beef, chicken, dairy products, bathing soap, soap for washing clothes etc.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Dec 12, 2012
Feb 1, 2013
Currency Exchange Loss:
Aug 17, 2013