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El Gato Group
In this Group: Dulce María , Deyanira Del Carmen, Jorge Antonio, Xiomara Del Socorro
The “El Gato” (The Cat) group is a new group and is composed of four, hard-working persons who wish to improve their businesses: Dulce María F., Deyanira del Carmen G. V., Jorge Antonio M. W. and Xiomara del Socorro V. S..

Mrs. F. is the group coordinator; she has sold cosmetics for the last three years. She began her business using some of her savings and she has gradually been increasing it. She needs funds to be able to supply her customers.

Her fellow group members are Deyanira del Carmen G. V., who sells cosmetics, Jorge Antonio M. W., who has a grocery store, and Xiomara del Socorro V. S., who owns a beauty salon.
View original language description ↓
El grupo el Gato es un nuevo grupo que está integrado por cuatro personas trabajadoras quienes desean mejorar sus negocios ellos son Dulce María F., Deyanira del Carmen G. V., Jorge Antonio M. W. y Xiomara del Socorro V. S..

La coordinadora del grupo es la señora F. quien vende cosméticos desde hace tres años cuyo negocio comenzó con unos ahorros y el cual ha ido creciendo es por ello que necesita el crédito para surtir a sus clientes.
Sus compañeros de grupo son; Deyanira del Carmen G. V. quien vende cosméticos, Jorge Antonio M. W. tiene una pulpería y Xiomara del Socorro V. S. es dueña de una estética de belleza.

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
  • 137
    View loans »
    Nicaragua Loans Fundraising
  • $24,035,950
    Funds lent in using Kiva
  • 21.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of El Gato Group's $600 loan helped a member to buy cosmetics.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2010
Listed
Mar 26, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010