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Los Jardines Group
In this Group: Gilma Rosa, Luis Antonio, Juana Mercedes

Update on Los Jardines Group

The Los Jardines [The Gardens] Solidarity Group consists of three hardworking members. One is Luis, a determined, 54-year-old man who is married with three children. Luis has sold produce at the municipal market in Masaya for 22 years.

Luis has been a client of the lending institution for seven years, and is applying for a loan to purchase bags of tomatoes, onions, sweet peppers, garlic, potatoes, carrots, cabbage, lettuce, and other crops.

The other members of the Los Jardines Group are Juana, who is 49 and sells fruits and vegetables; and Gilma, who is 42 and also sells produce.
View original language description ↓
El grupo solidario lo conforman tres personas trabajadoras uno de ellos es Luis un hombre luchador de 54 años de edad, casado, con tres hijos, su negocio es la venta de perecederos en el mercado municipal de Masaya desde hace 22 años se dedica a este actividad económica, tiene de ser cliente de la institución 7 años. Solicita el crédito nuevamente para la compra de sacos tomate, cebolla, chiltoma, ajo, papa, zanahoria, repollo, lechuga, etc. Juana mujer de 49 años su negocio es la venta de frutas y verduras, Gilma mujer de 42años su negocio es la venta de perecederos.

Previous Loan Details

This group is made up of three members. One of them is Luis Antonio who is 45 years old, married, and has three adult children. For 20 years he has had a business selling perishable items in his neighborhood market. He has been a client of the institution for more than six years and has been very... More from Los Jardines 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
  • 54
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Jardines Group's $2,275 loan helped a member to purchase bags of tomatoes, onions, sweet peppers, garlic, potatoes, carrots, cabbage, lettuce, and other crops.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Oct 15, 2013
Nov 17, 2013
Currency Exchange Loss:
Jul 17, 2014