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Brisas Del Xolotlan Group
In this Group: Magela, Juana, Ana
The “Brisas del Xolotlan” group is composed of three hard working women. One of them is Magela del Carmen M. M. who has had a grocery store for the last 8 years. She started out with very little selling snacks and soft drinks. Currently she sells a variety of products in her store and she will use the loan to buy merchandise.

The other group members are Ana Rosa M. Montes who has sold clothes for the last three years and Juana R. who has sold clothes and cosmetics for the last three years.
View original language description ↓
El grupo Brisas del Xolotlan lo conforman tres féminas trabajadoras una de ellas es Magela del Carmen M. M. quien tiene una venta desde hace 8 años el cual inicio con poco vendiendo chiverías y gaseosas. Actualmente ella vende varios productos en su negocio y en la compra de mercadería es que invertirá el crédito.
Las otras integrantes son Ana Rosa M. Montes quien vende ropa desde hace tres años y Juana R. vende ropa y cosméticos desde hace 3 años.

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
  • 113
    View loans »
    Nicaragua Loans Fundraising
  • $23,737,400
    Funds lent in using Kiva
  • 22.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Brisas Del Xolotlan Group's $1,100 loan helped a member for basic grains.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2011
Listed
Feb 20, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2011