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El Mamón Group
In this Group: Filena Del Rosario, María Petrona, Modesta
The group El Mamón is made up of three hard-working, enterprising, and strong-willed women who labor arduously. One of them is Mrs. Filena del Rosario N. N., who makes shoes.

She learned this trade at an early age, and it is a tradition that has been passed down from generation to generation in her family. She still remembers the first shoe that she made, which she says turned out poorly, but with practice she got better and better, eventually becoming a master at the job.

Her group partners perform different activities. Maria Petrona G. has a modest store, which she dreams about turning into a wholesale distribution company. Modesta P. makes and sells blankets, which she has done since her childhood when she would help her mother.
View original language description ↓
El grupo el Mamón está integrado por tres mujeres trabajadoras, emprendedoras y luchadoras que laboran arduamente. Una de ellas es la señora Filena del Rosario N. N. quien elabora zapatos.

Este oficio lo aprendió desde muy temprana edad y es una tradición que ha pasado en generación en su familia. Aun recuerda el primer zapato que izo el cual dice que dodo muy mal pero con la práctica fue mejorando mucho hasta convertirse en una maestra en este trabajo.

Sus compañeras de grupo realizan distintas actividades María Petrona G. tiene una modesta pulpería la cual sueña en convertir en distribuidora y Modesta P. hace y vende cobertores desde su infancia cuando le ayudaba a su madre.

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
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $23,659,150
    Funds lent in using Kiva
  • 20.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of El Mamón Group's $600 loan helped a member to purchase leather, glue, nails, thread, soles, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 31, 2009
Listed
Jan 12, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2010