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El Malinche Group
In this Group: Aura Lila , Ana Julia , Maricel Del Carmen
The El Malinche I group is made up of three hard-working, purposeful, enterprising women. An example is Aura Lila B. Simones who has made mondongo (tripe), meatball, beef bone, cheese and seafood enchiladas and soups on weekends for the last four years.

Her fellow group members are Julia Pérez, who sells soft-drinks, chicken and frozen treats and also raises small farm animals like chickens and pigs, and Maricela Gonzalez who has a small general store.

They will invest the funds in products for their businesses.
View original language description ↓
El grupo El Malinche I lo conforman tres mujeres trabajadoras, decididas y emprendedoras un ejemplo de ello es la señora Aura Lila B. Simones quien desde hace cuatro años se dedica a realizar enchiladas y sopas los fines de semana ya sea de mondongo, de albóndiga, hueso, de res, de queso y de marisco.
Sus compañeros de grupo son Julia Pérez vende gaseosa pollo, helados y cría animales domésticos como gallina y cerdos mientras Maricela G. tiene una pequeña miscelánea. Ellos invertirán el crédito en productos para sus negocios.

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
  • 131
    View loans »
    Nicaragua Loans Fundraising
  • $24,575,325
    Funds lent in using Kiva
  • 21.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of El Malinche Group's $725 loan helped a member for basic grains, vegetables, meat, soup bones, etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 14, 2010
Listed
Apr 23, 2010
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2010