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Las Caminantes Group
In this Group: Nohemi , Jenifer, Jessica
The “Caminantes” [“Walkers”] group is comprised of Nohemi G., Jennifer O. and Jesica Martínez, three female workers and entrepreneurs. Mrs. G., 50, is the group coordinator who began selling fresh food and drinks and put together this small business.
With the loan she would buy staple food grains, food and paper products etcetera for resale.

Ms. O. is 39 years old has had a tortilla (flatbread) factory for the last 3 years. Jesica M., 19 years old, has been making and selling costume jewelry (earrings, necklaces and bracelets...etc.) for the last 2 years.
View original language description ↓
El grupo las Caminantes está conformado por Nohemí Gutiérrez, Jenifer O. y Jesica Martínez, tres féminas trabajadoras y emprendedoras. La coordinadora del grupo es la señora Gutiérrez de 50 años quien inicio vendiendo frescos, comida y gaseosas con las ganancias puso una pequeña venta.
Ella con el crédito comprara granos básicos, papelería, productos alimenticios…etc.
La señora O. de 39 años tiene una tortillería desde hace tres años y Yesica M. de 19 años desde hace 2 años realiza y vende bisutería (aretes, collares, pulseras…etc.)

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
  • 110
    View loans »
    Nicaragua Loans Fundraising
  • $24,832,275
    Funds lent in using Kiva
  • 22.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Caminantes Group's $875 loan helped a member to buy staple food grains, food and paper products etcetera for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2011
Listed
May 2, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011