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Almohada Group
In this Group: Nora, Daxnia Leticia, Lesbia Raquel
This group is made up of three women and they are on their second loan cycle with ADIM (Kiva Field Partner). Nora Boltadano is the coordinator of the group and she sells fresh breads and pastries that she makes with the help of her children. She has been running this business for the past year. Eventhough she rents the oven where she bakes her goods she will invest the loan in the purchase of materials to improve her business, before installing her own oven.

Daxnia Leticia Hildago H. is another member and she sells varied grocery items and prepared beans. Lesbia Raquel D. A. sells beauty products, perfumes and kitchenwares of the Avon name brand. They will both invest the loan in the purchase of merchandise for resale.
View original language description ↓
Este grupo está formado por tres mujeres de la tercera década que se encuentran en su segundo ciclo de créditos con ADIM, Nora B. quien es la coordinadora del grupo se dedica a la venta de panes y reposterías que ella misma elabora con ayuda de sus hijos desde hace un año. A pesar que ella alquila el horno en el que elabora sus productos ella invertirá el crédito en compra de materiales para poder crecer más en el negocio antes de construir ella su propio horno.

Daxnia Leticia H. H. quien es otra de las miembros se dedica a la venta de algunos abarrotes y frijoles cocidos, por otro lado Lesbia Raquel Dávila A. comercializa productos cosméticos, perfumerías y utensilios del hogar de la compañía AVON. Ambas también invertirán el crédito en la compra de productos para la venta.

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
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,546,650
    Funds lent in using Kiva
  • 21.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Almohada Group's $650 loan helped a member to purchase materials to expand the business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 28, 2010
Listed
Aug 10, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 19, 2011