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Golondrina Group
In this Group: Carolina De Los Ángeles , Yamileth De Los Ángeles , Rebeca Del Rosario
The Golondrina Group consists of three hardworking women. One of them is Carolina P.. At the age of 20, she started selling clothing and used the earnings to invest in a grocery store that her mother helps to manage. Carolina is the mother of five year old twins who are the reason behind her desire to get ahead.


Her fellow group members are Jamileth C., who has a grocery store, and Rebeca del Rosario Urbina, who has been selling tortillas and fritters made of cassava and cheese for the past six years.

View original language description ↓
El grupo Golondrina lo conforman tres mujeres trabajadoras una de ellas Carolina P. de 20 años quien inicio vendiendo ropa y con las ganancias invirtió en una pulpería en la cual le ayuda su mamá. Ella es madre de dos gemelas de cinco años que son su razón de ser por las cuales desea salir adelante.

Sus compañeras de grupo son Jamileth C. quien tiene una pequeña venta y Rebeca del Rosario Urbina desde hace seis años tiene una tortillería y vende buñuelos postres a base de yuca y queso.

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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 21.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Golondrina Group's $1,150 loan helped a member purchase grain, meat, yogurt, and other products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 16, 2010
Listed
Jun 18, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 19, 2011