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Sarita Group
In this Group: Adela De Los Angeles, Johana Del Carmen , Natividad De Mercedes
The group Sarita is comprised of three hard-working women. They are entrepreneurial, put forth a lot of effort in their endeavors, and hail from Masaya, the City of Flowers. The coordinator of the group is Adela de los Ángeles P. D.. On May 24, 2005, she started a small store where she sold various items and sodas. Currently, she has a store supplied with a greater quantity of products. P. has four children ages 31, 26, 21 and 14, who help her with the business.

The other members of the group are Natividad de Mercedes P. Durán who, for the past six years has run a small popular restaurant serving fried foods, and Johana del Carmen D. Q. who also has a fried foods business.
View original language description ↓
El grupo Sarita está integrado por tres mujeres trabajadoras, emprendedoras y esforzadas provenientes de la Ciudad de las Flores, Masaya. La coordinadora del grupo es la señora Adela de los Ángeles P. D. quien el 24 de mayo del 2005 instalo una pequeña venta en aquel entonces vendía chiverías y gaseosas actualmente la tiene surtida con mayor cantidad de productos. P. tiene cuatro hijos de las edades 31, 26,21 y 14 años los cuales le ayudan en el negocio.
Las otras integrantes del grupo son Natividad de Mercedes P. Durán quien desde hace seis años tiene una pequeña fritanga restaurante popular que consiste en comidas fritas y Johana del Carmen D. Q. quien también tiene una fritanga.

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
  • 176
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • 21.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Sarita Group's $725 loan helped a member to buy basic food supplies, meat, soaps, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 25, 2010
Listed
Jun 2, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010