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Jazmín Group
In this Group: Francisco, Elia, Gissel, Jackeline
The “Jazmín” (Jasmine) group is composed of four hard working, dedicated people. One of them is Gisell Campo Obando, 24. She’s been selling cosmetics for the last two years. She started selling clothes and shoes and then invested in the other business.

The other members are: Jaqueline D., 26, who has sold cosmetics for the last four years, Elia E., 50, who sells vegetables, soft drinks and ice cream and Francisco José Gutiérrez who has sold cosmetics for the last two years.
View original language description ↓
El grupo Jazmín lo conforman cuatro personas trabajadoras y esforzadas una de ellas es Gisell Campo Obando de 24 años se dedica al comercio de cosméticos desde hace 2 años. Ella inicio con la venta de ropa y zapatos y luego invirtió en el otro negocio.
Los otros integrantes son Jaqueline D. de 26 años se dedica al comercio de cosméticos desde hace 4 años, Elia E. de 50 años vende verduras, gaseosa y helados y Francisco José Gutiérrez vende cosméticos hace 2 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
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $23,820,300
    Funds lent in using Kiva
  • 22.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Jazmín Group's $1,125 loan helped a member to buy cosmetics and clothes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 2, 2011
Listed
May 12, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 16, 2011