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La Familia Group
In this Group: Dolores , Lorenza, Rosa
The La Familia (The Family) group has three hard working members. One of them is Dolores del Pilar, 34, who has made beverages, sweets and typical dishes like pinol (corn based drink), cajeta (caramel), and nacatamales (typical Nicaraguan tamales popular as weekend fare) for the last six years. She dreams with improving her business and growing.

The other group members are: Rosa who has a small sales operation that she started with soft drinks and Lorenza M. who has sold newspaper, fruit drinks, blanco (a sweet) and ice cream for the last 13 years.
View original language description ↓
El grupo la Familia está conformado por tres personas trabajadoras una de ellas es Dolores del Pilar de 34 años realiza bebidas, dulces y comidas típicas como pinol, cajeta, nacatamales y tamales desde hace seis años. Ella sueña con mejorar su negocio y crecer.

Las otras integrantes son Rosa quien tiene una pequeña venta la cual inicio con la venta de gaseosa y Lorenza M. desde hace 13 años vende papel periódico, blanco, fresco y helado.

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
  • 21.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of La Familia Group's $1,075 loan helped a member for corn, milk, candy, sugar, cocoa, pork, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2010
Listed
Nov 22, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011