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Pastorelas Group
In this Group: Milagros , Elena, Luisa Ernestina , María Azucena , Eufemia
The Pastorela group is made up of 5 hardworking and entrepreneurial women. One of those women is Milagros L., who started selling fruit and vegetables on the Tipitapa highway in Managua twenty years ago. Through the loans she has received, she has invested in other product lines, and now offers meat and bones for cooking, as well.

Rosa Elena Jiménez has a small, well stocked convenience store. She tends to the store every day from 6 in the morning until 9 at night. Additionally, on weekends she butchers pork and prepares sopa de mondongo, a traditional soup made of pork tripe.

Their colleague in the Pastorela group, Luisa Ernestina Uriba, has a small stand where she offers basic grains, sweets and bread; María Azucena M. has owned a small eatery for three years and for ten years Eufemia J. T. has been selling prepared food in her own small restaurant.

They hope that their businesses will continue their good progress during this new year, and that all of the group's members will remain healthy, which they consider the most important matter.
View original language description ↓
El grupo Pastorela está integrado por cinco mujeres trabajadoras y emprendedoras. Una de ellas es Milagros L. quien inicio hace veinte años vendiendo frutas y verduras en la carretera de Tipitapa, municipio de Managua. Actualmente ella por medio de los préstamos ha invertido en otros rubros ofertando carne y hueso.

Rosa Elena Jiménez tiene una pequeña pulpería bien surtida la cual atiende todos los días desde las 6 de la mañana hasta las 9 de la noche. Además de ello los fines de semana destaza cerdo y hace sopa de mondongo.

Mientra su compañera Luisa Ernestina Uriba tiene una modesta venta en la cual oferta granos básicos, dulces y pan; María Azucena M. tiene una cominería desde hace tres años y Eufemia J. T. hace diez años comenzó vendiendo comida a hora tiene su propio comedor.

Ellas esperan que este nuevo años sus negocios sigan progresando y tener salud que es lo principal.

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

  • $3,636
    Average annual income
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $23,621,150
    Funds lent in using Kiva
  • 20.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Pastorelas Group's $1,650 loan helped a member to buy fruit and vegetables.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2009
Listed
Dec 24, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010