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Las Tres Madres Group
In this Group: Adriana Del Rosario, Nora Del Carmen , Jesica Lisseth
The group Las Tres Madres( the three mothers) is made up of three women,all hard working mothers. One of them is Mrs. Jesica C. who sells cosmetics (lipsticks, eye liners, foundation, creams, treatments) and clothing (shirts, blouses, jeans, pants). She will invest the loan in her business by buying merchandise. She started this business with some products and it has grown due to her customers and with the help of the loans.
The other members of the group: Adriana del Rosario Pavón sells vegetables, such as ayote , chayote (both a form of squash), yucca, as a street vendor in Nindiri and Nora del Carmen F. has a general store.
View original language description ↓
El grupo las tres Madres lo conforman tres mujeres y madres trabajadoras y esforzadas una de ellas es la señora Jesica C. quien comercializa cosméticos (labiales, marbellí, delineador, bases, cremas, tratamientos) y ropa (camisas, blusas, jeans, pantalones) en lo cual invertirán el crédito con la compra de mercadería. Ella inicio con unos cuantos productos el cual por medio de los préstamos y sus clientes fue creciendo.
Las otras integrantes del grupo Adriana del Rosario Pavón quien vende verduras como ayote, chayote, chilote, yuca, ambulante en Nindiri y Nora del Carmen F. tiene una pulperia.

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
  • 112
    View loans »
    Nicaragua Loans Fundraising
  • $24,828,400
    Funds lent in using Kiva
  • 21.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Tres Madres Group's $575 loan helped a member purchase of merchandise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2010
Listed
Nov 18, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011