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Rosada Group
In this Group: Rosa, Jahaira, Jazmina
The Rosada group is formed by three hardworking women. One of them is Yahaira Vásquez Aguirre, who has had a restaurant for six years. She will invest the loan into it by purchasing rice, meat, oil, onions, peppers, chicken, etc. She has two children for whom she works very hard.

The other group members are Jazmina S., who has a small artisan workshop where she has produced embroidered pieces and clothes for 20 years. She then sells them and other handicrafts. Rosa Patricia Torres has sold traditional clothing for eight years. She will invest in fabrics and thread for embroidery.
View original language description ↓
El grupo Rosada está conformado por tres mujeres trabajadoras una de ellas es Yahaira Vásquez Aguirre quien tiene una comideria desde hace seis años en la cual invertirá el crédito con la compra de arroz, carne, aceite, cebolla, chiltoma, pollo etc. Ella tiene dos hijos por los cuales trabaja arduamente.
Las otras integrantes del grupo son Jazmina S. la cual tiene un pequeño taller de artesanía donde produce cuadros y ropa desde hace 20años además de comercializar también vende de otros artesanos y Rosa Patricia Torres vende ropa típica desde hace 8 años e invertirá en telas e hilo para bordado.

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
  • 124
    View loans »
    Nicaragua Loans Fundraising
  • $24,546,650
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Rosada Group's $300 loan helped a member rice, meat, oil, onions, peppers, chicken, etc.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2010
Listed
Oct 26, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 24, 2011