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Zenzontle Group
In this Group: María Felix, María Del Rosario, Paula
The “Zenzontle” (Mockingbird) group is composed of three hard working, dedicated, enterprising woman. One of them is María Félix Hernández who sells “Cosa de Honor” (A Matter of Honor) which is a popular corn and cheese based pastry that is usually enjoyed with a cup of coffee in the morning or evening; it is very tasty. She has been making this product for 9 years and she sells it as a street vendor.

The other group members are María del Rosario G. who has sold cosmetics for four years and Paula del Carmen Rodríguez who sells cosmetics and used clothes.
View original language description ↓
El grupo Zenzontle lo conforman tres mujeres trabajadoras, esforzadas y emprendedoras una de ellas es la señora María Felix Hernández comerciante de cosa de honor, repostería popular a base de maíz y queso que se acompañada de un café por las mañanas o las tardes sabe muy rica. Ella desde hace 9 años se dedica a realizar este producto los cuales vende de manera ambulante.
Las otras integrantes del grupo son María del Rosario G. quien vende cosméticos desde hace 4 años y Paula del Carmen Rodríguez quien vende cosméticos y ropa usada.

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
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $23,820,300
    Funds lent in using Kiva
  • 21.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Zenzontle Group's $1,075 loan helped a member for corn, cheese, milk, etc.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2010
Listed
Nov 18, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011