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Piedra Quemada Group
In this Group: Dayra Del Socorro, Maryina Del Carmen , Irasema Del Carmen
The group "Piedra Quemada" is made up of 3 hardworking and enterprising women. One of them is Señora Dayra del Socorro R. C., who has a small grocery store that she plans to restock with a greater variety and quantity of products.

Her fellow group members are Margina del Carmen Mendosa, who sells clothing, and Iracema José R., who has a small grocery store and sells chicken.
View original language description ↓
El grupo Piedra Quemada lo conforman tres mujeres trabajadoras, emprendedoras y decidas una de ellas es la señora Dayra del Socorro R. C. quien tiene una pequeña pulpería la cual piensa surtir con mayor cantidad de productos y variedad de productos.
Sus compañeras de grupo son Margina del Carmen Mendosa quien vende ropa e Iracema José R. quien tiene una modesta pulpería y vende pollo.

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
  • 93
    View loans »
    Nicaragua Loans Fundraising
  • $24,768,325
    Funds lent in using Kiva
  • 21.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Piedra Quemada Group's $475 loan helped a member to buy staple grains, meat and other products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 14, 2010
Listed
Apr 24, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010