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Mi Banquito Group
In this Group: Maria Luisa, Maria Auxiliadora, Vilma Esther, Aracely Enriqueta

Update on Mi Banquito Group

This group is made up of four members. Maria Luisa is one of them. She is 43 years old, married, and has three children, ages 14, 11, and 9. She has had a store for ten years and her parents help her man it when she is not there. She has been with the institution for five years and needs this loan to buy basic grains and sugar, cooking oil, rice, soap, coffee, bathroom tissue, soft drinks, cigarettes, matches, fried pork rinds, and cell phone recharges.

Aracely is 40 years old and she sells pigs on the hoof.

Maria is 58 and does custom sewing.

Vilma is 35 years old and she sells ice in quantity.
View original language description ↓
Grupo formado por cuatro socias una de ellas es María Luisa tiene la edad de 43 años, casada, con tres hijos de 14, 11 y 9 años, su negocio es una pulpería desde hace 10 años, sus papas le ayudan a atender la pulpería cuando ella no está. Tiene 5 años de ser cliente de la institución. El crédito lo requiere para la compra de inventario de granos básicos como es azúcar, aceite, arroz, jabón, café, papel higiénico, gaseosa, productos lácteos, cigarros, fósforos, meneítos, recargas. Aracely tiene 40 años su negocio es el destace de cerdo en pie, María de 58 años su negocio es la costura por pedido, venta de cosméticos, Vilma mujer de 35 años su negocio es la venta de hielo al por mayor.

Previous Loan Details

This group is comprised of six enterprising, successful micro-entrepreneurs, one of which is María Luis. She is 43, married and has three minor children. For ten years she has been running a grocery store out of her home and before that she sold Avon products. She has been a member of the lend... More from Mi Banquito 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
  • 45
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 25.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Mi Banquito Group's $2,350 loan helped a member to stock her store.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Nov 22, 2013
Dec 20, 2013
Currency Exchange Loss:
Aug 17, 2014