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Chorro Para Arriba Group
In this Group: Miriam Del Socorro, Alejandra Cristina, Sonia , Juana Del Socorro
The group “Chorro para Arriba” (Stream Upward) consists of three hardworking women. One of them is Sra. Alejandra Cristiana García who has been making popsicles and gelatins for four years. She and her three children distribute her products to different areas in Masaya. Alejandra will use her loan to buy all the necessary components she uses every day to make her products such as gelatin, acid, flavoring, and sugar.


Her fellow group members are Miriam del Socorro R. (age 52) who sells coffee, bread, and candy in the free trade zone; Juana Z. who has been making tortillas for 17 years; and Sonia G. Bario who sells food, refreshments, sodas, and ice cream.

View original language description ↓
El grupo Chorro para Arriba está integrado por tres mujeres trabajadoras una de ello es la señora Alejandra Cristiana García quien desde hace cuatro años se dedica a la realización de bolis y gelatinas. Este producto lo realiza y distribuye a distintos puntos de Masaya junto con sus tres hijos.
Ella invertirá el crédito en la compra de componentes que ocupan día a día para la producción estos son gelatina, acido, saborizante y azúcar.
Sus compañeras de grupo son Miriam del Socorro R. de 52 años quien vende café, pan y golosinas en la zona Franca, Juana Z. quien es tortillera desde hace 17 años y Sonia G. Bario vende comida, refrescos, gaseosas y helados.

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
  • $24,576,775
    Funds lent in using Kiva
  • 21.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Chorro Para Arriba Group's $1,175 loan helped a member purchase ingredients for making popsicles & gelatins.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 14, 2010
Listed
Apr 24, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2010