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Tulipan Group
In this Group: Luz , Sandra , María
The Tulipán ("Tulip") group is made up of three hard working and enterprising women. One of them is Señora Luz Marina, aged 50. Thirteen years ago, with a small loan, she started working with the Avon company, which is well known for its catalog sales. With loans she has been able to buy more goods and grow further; not only that, but her business philosophy is to serve her clients well.

She has three young children aged 17, 15 and 14, who are students, and her dream is to grow her business and sell clothing.

The other two members are Sandra Margarita who started 8 years ago with a small thermos selling milky coffee and bread, now she sells more than that; and María Salvadora who has a small shop in her home.
View original language description ↓
El grupo Tulipán lo conforman tres mujeres trabajadoras y emprendedoras una de ellas es la señora Luz Marina de 50 años quien inicio hace 13 años con un pequeño crédito en la empresa Avon, conocida por sus ventas vía catálogo. Ella con los préstamos ha podido comprar mayor cantidad de mercancía y crecer, además que su filosofía de trabajo es atender bien al cliente.
Ella tiene tres hijos menores de 17, 15 y 14 años los cuales estudian y su sueño es aumentar su negocio y vender ropa.
Las otras dos integrantes son Sandra Margarita quien inicio hace 8 años con pequeño termo a vender café con leche y pan, ahora vende más y María Salvadora tiene una pequeña venta en su casa.

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
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $25,083,825
    Funds lent in using Kiva
  • 22.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Tulipan Group's $975 loan helped a member to buy cosmetics.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Jun 29, 2011
Jul 16, 2011
Currency Exchange Loss:
Dec 15, 2011