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Melocotón Group
In this Group: Darling Lizeth, Damaris De Los Ángeles, Odaly Isabel , María Magdalena
The Melocoton Group consists of four female members, among them Darling Lizeth O. H., twenty-seven, who makes corn tortillas and dreams of having a suitable tortilla stand of her own.

The other members include Damaris de los Ángeles A., who has been sewing for twenty years, Odaly Isabel S., who sells cosmetics, and María Magdalena G., who makes and sells handbags.

They would like the next year to bring many blessings to their families and their businesses, and they hope that their hard work will be rewarded.
View original language description ↓

El grupo Melocoton está integrado por cuatro féminas entre ellas se encuentra Darling Lizeth O. H. de 27 años quien echa tortillas de maíz y su sueño es hacer una tortillería con las condiciones a adecuadas.

Las otras integrantes son Damaris de los Ángeles A. la cual se dedica desde hace 20 años a la costura, Odaly Isabel S. vende cosméticos y María Magdalena G. produce y vende bolsos.

Ellas desean que el próximo año traiga muchas bendiciones para su familia y en sus negocios. Además esperan que su ardua labor sea recompensada.

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
  • 153
    View loans »
    Nicaragua Loans Fundraising
  • $23,179,000
    Funds lent in using Kiva
  • 20.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Melocotón Group's $450 loan helped a member to buy corn and firewood.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 29, 2009
Listed
Jan 4, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2010