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El Almendrito Group
In this Group: Angela Del Socorro, Patricia De Los Ángeles, Jenny Del Rosario
The "Almendrito" group is comprised of three women who are hard workers and entrepreneurs. The coordinator is Mrs. Ángela, a farmer who buys and sells fruit and vegetables depending on the harvest season.

The other members are Patricia de los Ángeles, who has been selling fruit since 1995, and Jenny del Rosario, who owns a grocery store that has been expanding little by little.
View original language description ↓
El grupo el Almendrito está conformado por tres mujeres trabajadoras y emprendedoras. La coordinadora es la señora Ángela quien es agricultora y se dedica a la compra y venta de cosechas de frutas y verduras de acuerdo a la temporada.

Las otras integrantes son Patricia de los Ángeles vende frutas desde 1995, y Jenny del Rosario es propietaria de una pulpería la cual poco a poco ha ido creciendo.

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
  • 91
    View loans »
    Nicaragua Loans Fundraising
  • $24,771,875
    Funds lent in using Kiva
  • 22.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of El Almendrito Group's $900 loan helped a member to buy oranges in harvest season.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 23, 2011
Listed
Jul 1, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 16, 2011