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Maria Auxiliadora Group
In this Group: Alexander Jose, Lesbia Del Carmen, Mario Jose , Maria Lucrecia
This group is made up of 3 entrepreneurial associates. One of the members is Mario, 42, who is married and has 4 children under his care, ages 22, 19, 15 and 12. His business is buying and selling basic grains. He's been with the institution for 4 years. He'll invest the loan in buying 100 kg of beans, corn and wheat. Other members are Alexander, 26, whose business is selling basic grains; Maria, 42, whose business is selling fruit; and Lesbia, 42, whose business is selling fruit and food.
View original language description ↓
Grupo formado por tres socios emprendedores uno de ellos es Mario de 42 años de edad, casado, con cuatro hijos a su cargo de 22, 19, 15, y 12 años. Su negocio es comprador y vendedor de granos básicos. Es cliente de la institución desde hace 4 años. El crédito lo invertirá en compra por quintal de frijoles, maíz, trigo. Alexander tiene 26 años de edad su negocio es venta de granos básicos, María tiene 42 años de edad y su negocio es venta de frutas y Lesbia mujer de 42 años de edad y su negocio es venta de frutas y comida

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
  • 38
    View loans »
    Nicaragua Loans Fundraising
  • $26,366,175
    Funds lent in using Kiva
  • 25.1
    Nicaragua Cordobas (NIO) = $1 USD
A portion of Maria Auxiliadora Group's $2,275 loan helped a member invest in buying 100 kg of beans, corn and wheat.
Repayment Term
10 months (Additional Information)
Repayment Schedule
Jun 22, 2013
Jul 18, 2013
Currency Exchange Loss:
Aug 17, 2013