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Josefa Group
In this Group: Josefa, María Margarita, Martha Lidia
The "Josefa" group is made up of three hard-working and enterprising women.

One of them is Señora Josefa del Carmen, aged 48, who has had a food stall for the last four years. She started off by using some savings, and selling small pieces of chicken. Now she sells whole chickens. She is single, and has one grown son.

The other members are Martha, aged 23, who has had a grocery store for the last four years, and María who sells sandals, accessories and clothes.
View original language description ↓
El grupo Josefa está conformado por tres mujeres trabajadoras y emprendedoras una de ellas es la señora Josefa del Carmen des 48 años quien tiene una comidera desde hace 4 años ella inicio con unos ahorros vendiendo pequeñas piezas de pollo a hora vende pollo entero. Ella es soltera y tiene un hijo el cual ya es mayor de edad.

Las otras integrantes son Martha de 23 años quien tiene una pulpería desde hace 4 años y María quien vende sandalia, adornos y ropa.

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
  • 129
    View loans »
    Nicaragua Loans Fundraising
  • $24,581,200
    Funds lent in using Kiva
  • 22.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Josefa Group's $625 loan helped a member to buy chicken.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2011
Listed
Oct 20, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012