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Margarita Group
In this Group: Yolanda , Manuela, Perla
The Margarita group is made up of Manuela M., Yolanda M., and Perla D., three entrepreneurial women. The coordinator of the group is Manuela M., who remembers like it was yesterday when in 1994 her co-workers asked her to buy clothing, shoes, and cosmetics for them. From this experience she decided to start a business selling clothing and cosmetics by orders, and she has had a lot of success.

Fellow group member Perla D. has worked for eight years making blankets. With the loan money she will make more blankets as well as making and selling linens (sheets and bed covers) and cushions. Meanwhile, Yolonad M. works selling fruits and vegetables.

They will use the loan money on their respective business. Manuela will buy more merchandise for the summer season. Perla will buy fabric, thread, elastic, and other products, and Yolanda will buy fruits and vegetables that are in season.
View original language description ↓
El grupo Margarita está integrado por Manuela M., Yolanda M. y Perla D. tres féminas emprendedoras. La coordinadora del grupo es la señora Manuela M., quien recuerda como si fuera ayer como en 1994 sus compañeros de trabajo pensando que ella vendía cosas y le encargaban ropa, zapatos, cosméticos…etc., de ese hecho le surge la idea de empezar a comercializar ropa y cosméticos por encargo en lo cual le ha ido muy bien.

Su compañera de grupo Perla D. desde hace ocho años comenzó realizando cobertores de tiras actualmente por medio de los préstamo además de producir mayor cantidad de dicho producto, realiza y vende ropa de cama (sabanas, fundas, cubrecamas) y cojines. Mientras Yolanda M. se dedica al comercio de frutas y verduras.

Ellas invertirán el crédito en sus respectivos negocios Manuela con el comprara mayor cantidad de mercadería especialmente veraniega por la temporada, Perla invertirá en materiales como telas, hilos, elásticos…etc. y Yolanda en la compra de cosechas de frutas y verduras de temporada.

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
  • 79
    View loans »
    Nicaragua Loans Fundraising
  • $25,384,750
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Margarita Group's $825 loan helped a member purchase of clothing, sewing materials, and fruits and vegetables.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Mar 18, 2010
Mar 21, 2010
Currency Exchange Loss:
Sep 15, 2010