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Mujeres De Fe Group
In this Group: Juana, Damaris , María
The Mujeres de Fe (Women of Faith) group is made up of three hardworking and enterprising women. One of them is Juana (32 years old) who began selling clothing and started her grocery store with her earnings about two years ago. She is single and has three children, eight-year-old twins and a fourteen-year-old, who help her with the business in their free time.

The other members are María Auxiliadora, who has sold clothing for 10 years, and Damaris Ignacia (39 years old), who began selling bedding 12 years ago and started a small grocery store five years later.
View original language description ↓
El grupo Mujeres de Fe lo conforman tres mujeres trabajadoras y emprendedoras una de ellas es la señora Juana de 32 años quien inicio vendiendo ropa y con las ganancias puso su pulpería hace aproximadamente dos años. Ella es soltera tiene tres hijos unos gemelos de 8 años y uno de 14 quienes le ayudan a ver el negocio en los tiempos libres
Las otras integrantes son María Auxiliadora quien desde hace 10 años se dedica al comercio de ropa y Damaris Ignacia de 39 años hace 12 años inicio haciendo ropa de cama y cinco años después instalo una minipulperia.

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
  • 150
    View loans »
    Nicaragua Loans Fundraising
  • $23,157,725
    Funds lent in using Kiva
  • 22.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres De Fe Group's $1,075 loan helped a member to buy clothing (pants, shirts, etc.) and basic grains.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 8, 2011
Listed
Jun 19, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 19, 2011