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El Mar Group
In this Group: Dina Guadalupe, Margelia Del Socorro, Martha Lisbeth, Calidonia
The solidarity group “El Mar” (The Sea) consists of Dina Guadalupe Pavón O., Margelia del Socorro B., Martha Lisbeth A. Solís, and Calidonia F.. These four women work in different business activities, but what they have in common is their struggle to get ahead.


Dina is 38 years old and serves as the group coordinator. She started a grocery store seven years ago. Even though she is now stocked with more products and merchandise, what would help her business stay in operation is a freezer, shelving, and other supplies. Margelia is a saleswoman who offers Avon products and also takes on sewing jobs by accepting orders. Martha sells meats and vegetables from her home and as a street vendor. Finally, Carolina sells both new and used clothing.


Most of these women have children who are teenagers, so their dream is to provide them everything they need to become successful professionals.

View original language description ↓
El grupo solidario El Mar se encuentra conformado por Dina Guadalupe Pavón O., Margelia del Socorro B., Martha Lisbeth A. Solís y Calidonia F., cuatro mujeres que se desempeñan en distintas actividades económicas y sin embargo comparten la solidaridad en la lucha por salir adelante.

Dina de 38 años es la coordinadora del grupo, tiene una pulpería desde hace 7 años, sin embargo ahora tiene más productos y más artículos que le ayudan a la operación de su negocio como son un frízer, un estante, entre otros; Margelia es comerciante de productos AVON y realiza trabajos de costura por encargos; Martha vende carnes y verduras en su casa de habitación y así mismo los oferta de manera ambulante; por último, Carolina vende ropa tanto nueva como usada.

El sueño de ellas es que sus hijos, cuya mayoría se encuentra en la adolescencia, lleguen a ser grandes profesionales y que ellas puedan brindarles todo lo que necesiten para lograrlo.

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
  • 169
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • 21.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of El Mar Group's $1,350 loan helped a member purchase a freezer, shelving, and other supplies.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 9, 2010
Listed
Aug 19, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2011