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Fadilia Group
In this Group: Ana Patricia , Yelva De Los Reyes , Cinthya Auxiliadora, Kenia Isabel
The Fadilia Group consists of four hardworking and enterprising women who are originally from Masaya. They have worked with ADIM for seven loan cycles. The group coordinator is Sra. Ana Patricia. She started her business five years ago with an inventory of clothing worth 3000 cordobas. Now she invests approximately 7000 cordobas and already has a large customer base.

Ana Patricia has five children (ages 18, 17, 15, 13, and 10) who are in school. Her goal is to increase her business.

The other members are as follows:
• Cinthya, age 22, has been selling fruits and vegetables for six years.
• Yelba buys and sells milk.
• Kenia Isabel, age 23, sells used clothing.
View original language description ↓
El grupo Fadilia lo conforman cuatro mujeres trabajadoras y emprendedoras originarias de Masaya, ellas tienen siete ciclos de trabajar con Adim. La coordinadora del grupo es la señora Ana Patricia quien hace 5 años inicio con 3,000 córdobas en mercadería de ropa actualmente ella invierte aproximadamente unos 7,000 córdobas ya que tiene mayor clientela.
Ella tiene cinco hijos de las edades 18, 17, 15, 13 y 10 años los cuales estudian y su meta es aumentar su negocio.
Las otras integrantes son Cinthya de 22 años desde hace seis años se dedica a la venta de frutas y verduras, Yelva compra y vende leche y Kenia Isabel de 23 años comercializa ropa usada.

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
  • 117
    View loans »
    Nicaragua Loans Fundraising
  • $24,398,000
    Funds lent in using Kiva
  • 22.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Fadilia Group's $1,025 loan helped a member to purchase clothing to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2011
Listed
May 20, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 16, 2011