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Asociación Sin Frontera Group
In this Group: Lidia, Socorro, Felipa
The “Sin Frontera” (Without Borders) group is composed of three, hard working, enterprising women. One of them is Felipa José E. who has been selling vegetables in Tipitapa, Managua, for the last 20 years. She will use the money to buy oranges, lemons, potatoes and especially, cabbage.

The other group members are Socorro Rodríguez who sells paper used to serve meals to eateries and Lidia P. Solano who has sold clothes, shoes, etc. for the past 20 years.
View original language description ↓
El grupo Asociación sin frontera lo conforman tres féminas trabajadoras y emprendedoras una de ellas es Felipa José E. quien vende verduras desde hace 20 años en Tipitapa municipio de Managua. Ella invertirá el crédito en naranjas, limones, papas y en especial repollo.

Las otras integrantes de grupo como Socorro Rodríguez quien vende papel a las comiderias el cual utilizan para servir la comida y Lidia P. Solano vende ropa, zapatos…etc. desde hace 20 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

  • $4,800
    Average annual income
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $24,581,200
    Funds lent in using Kiva
  • 22.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Asociación Sin Frontera Group's $875 loan helped a member for vegetables like oranges, lemons, potatoes and especially cabbage.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2011
Listed
Feb 22, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2011