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El Quesillo Group
In this Group: Rosa , Rosa, Ivecta
The Quesillo group is made up of three hard-working and enterprising people. The coordinator is Señora Rosa Carolina, who has sold shoes and clothing for several years. She has monthly sales of approximately 20,000 córdobas, and invests 18,000 córdobas monthly.
With this loan she will purchase merchandise, especially blouses, because these are in the greatest demand.

The other group members are Ivecta, a shoe and clothing merchant; and Rosa, who has also sold clothing for eight years.
View original language description ↓
El grupo el Quesillo está conformado por tres personas trabajadoras y emprendedoras. La coordinadora es la señora Rosa Carolina quien se dedica al comercio de ropa y calzado desde hace varios años. Ella tiene una venta aproximada de 20,000 córdobas mensuales y una inversión de 18,000 córdobas mensuales.
Ella con el crédito comprará mercadería en especial blusas ya que tiene mayor demanda.

Las otras integrantes del grupo son Ivecta comerciante de ropa y calzado, y Rosa quien también vende ropa desde hace 8 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

  • $4,800
    Average annual income
  • 132
    View loans »
    Nicaragua Loans Fundraising
  • $24,576,775
    Funds lent in using Kiva
  • 22.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of El Quesillo Group's $725 loan helped a member to buy merchandise; clothing and shoes.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 11, 2011
Listed
Aug 29, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012