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Las Azucenas Group
In this Group: María Del Socorro , Alba Lidia, Consuelo De Jesús , Ana María , Dielka María
In the photo are María U., Ana María C., Dielka T. and Consuelo Gaitán. The faceshot is of Alba G..

The Azucenas group is made up of five entrepreneurial female workers with initiative. One of them is María del Socorro U. C., the group coordinator. This 23-year-old youth began selling tortillas, a Nicaraguan staple. Today she sells meat and bones.

The other group members are 52-year-old Consuelo Gaitán who has had a tortilla shop for the last two years, Dielka María T. who has a bakery and a tortilla shop, Ana María C. who also earns her daily bread making tortillas (the preferred staple of Nicaraguan homes) and 25-year-old Alba Lidia G. Gaitán who has been selling food for two years in the free-trade zone of Masaya.

They will invest the loan in their respective businesses in order to continue growing and expanding them. In addition, they are very thankful for the loan opportunities and capacity building that Adim provides them, which they find excellent, since they allow them to better administer their businesses.
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En la foto se encuentra María U., Ana María C., Dielka T. y Consuelo Gaitán. La foto de rostro es de Alba G..

El grupo las Azucenas lo integran cinco integrantes féminas trabajadoras, emprendedoras y con iniciativa una de ellas es María del Socorro U. C., coordinadora del grupo. Esta joven de 23 años inicio vendiendo tortillas bastimento por excelencia de los nicaragüenses hoy en día comercializa carne y hueso.

Sus compañeras de grupo son la señora Consuelo Gaitán de 52 años quien tiene una tortillería desde hace dos años, Dielka María T. quien tiene una panadería y tortillería, Ana María C. quien también se gana el sustento se cada día realizando tortillas bastimento de preferencia en los hogares nicaragüenses y Alba Lidia G. Gaitán de 25 años tiene dos años de vender comida en la zona franca de Masaya.

Ellas invertirán el crédito en sus respectivos negocios para seguir creciendo y ampliar sus negocios. Además están muy agradecidas por las oportunidades de crédito y capacitación que Adim les brinda las cuales les parecen excelentes ya que así pueden administrar mejor su negocio.

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
  • 148
    View loans »
    Nicaragua Loans Fundraising
  • $24,071,325
    Funds lent in using Kiva
  • 21.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Azucenas Group's $1,150 loan helped a member meat and bones.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2010
Listed
Jun 19, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 19, 2011