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La Montañita #1 Group
In this Group: Martha Cecilia , Juliana Isabel , María Josefa
The group La Montañita #1 is made up of three women from the region of the same name. They are women with an excellent credit record. They work in diverse businesses: Martha Cecilia makes and sells tortillas in her home and also slaughters pigs and sells nacatamales (corncakes stuffed with meat and vegetable and steamed in banana leaves), Juliana sells clothing and shoes in the street, and Maria Josefa sells clothing in the street and also has a convenience store in her home. All three are well known in their community for their businesses, their sense of responsibility and their honor.

Mrs. María Josefa F. is 37 years old. She was born in the same place she currently lives. She learned her business when she very young, from her mother. She is the mother of three teenagers; her children help her prepare the tortillas, slaughter the pigs and prepare the nacamatales. Her husband helps her with the household expenses. He works for a food company as a security guard.

She works every day. Weekends she works selling the pork and the nacamatales. She comments that she feels well treated by Adim because she feels among friends and Adim teaches her to improve her business and herself, as a person. Previously she was a person who did not know that her work had much value. In the training courses she learned a lot of new things. This has motivated her to move her business ahead and be punctual with her loan payments. She dreams of improving her home and her workplace. She also dreams that her children will complete their studies.
View original language description ↓
El grupo solidario La montañita #1 está conformado por tres señoras originarias de la comarca del mismo nombre, son mujeres con excelente record crediticio, sus actividades son diversas, doña Martha Cecilia elabora y vende tortillas en su casa y destaza cerdo y vende nacatamales, doña Juliana vende ropa ambulante y zapatos, doña María Josefa vende ropa ambulante y tiene una pulpería en su casa.
Son conocidas en su comunidad por sus actividades, responsabilidad y honorabilidad.

Doña María Josefa F. es mujer de 37 años, nacida en el lugar donde vive, aprendió el oficio desde muy joven, su madre le enseñó; madre de tres hijos en edad escolar de edades adolescentes, ellos le ayudan en parte del proceso de preparación de las tortillas y en el destace del cerdo y elaboración de los nacatamales.Su esposo le ayuda con los gastos del hogar, trabaja de celador en una empresa de alimentos.
Trabaja todos los días, el fin de semana trabaja en la venta del cerdo y los nacatamales. Expresa que se siente bien trabajando con Adim, porque se siente en confianza y le enseñan a mejorar en su negocio y su persona, antes ella era una persona que no sabía que su trabajo tenía mucho valor y en las capacitaciones aprendió muchas cosas nuevas, esto le ha animado a salir adelante con su negocio y a ser puntual con sus abonos, ella sueña con mejorar su vivienda y su lugar de trabajo, así como que sus hijos estudien.

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
  • 61
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 20.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of La Montañita #1 Group's $675 loan helped a member invest in improving their businesses.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Mar 23, 2009
Mar 28, 2009
Currency Exchange Loss:
Sep 15, 2009