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Onda De Luz Group
In this Group: Geyddi Elizabeth, Tania Veronica, Elizabeth, Rosa Esther
The Ondas de Luz communal bank is made up of four hardworking and enterprising people, one of whom is Sra. Geydi Elizabeth, 25, who has been selling underwear for 8 years. She started this business with her mother who is a merchant and she learned from her. In addition, her 7 year old son has been another source of inspiration for her.

She dreams of building her own house one day.

Other members of the group are Tania, 21, who has been selling cosmetics for 4 years, Elizabeth who sells sandals and CDs and Rosa who sells clothing and sandals.
View original language description ↓
El grupo Ondas de Luz lo conforman cuatro personas trabajadoras y emprendedoras una de ellas es la señora Geydi Elizabeth de 25 años quien se dedica al comercio de ropa interior desde hace 8 años. Este negocio lo inicio con su madre quien es comerciante y ella aprendió de ella, además otra fuente de que la impulso fue su hijo de 7 años.

Su sueño es lograr construir su casa.

Las otras integrantes son Tania de 21 años quien desde hace 4 años vende cosméticos y bisutería, Elizabeth vende sandalias y CD; y Rosa comercializa ropa y sandalias.

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
  • $24,770,775
    Funds lent in using Kiva
  • 22.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Onda De Luz Group's $1,025 loan helped a member to buy underwear merchandise.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 28, 2011
Nov 13, 2011
Currency Exchange Loss:
Mar 15, 2012