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Los Ángeles De Charlies Group
In this Group: Karla, Gloria, Raquel

Update on Los Ángeles De Charlies Group

Los Ángeles de Charlies (Charlie’s Angels) is a group composed of three hard working and resourceful people. Karla Vanessa is one of them, and she has been engaged in selling meals for 6 years. She started this activity by bringing some dishes to the employees of the bakery where she worked; then, little by little her activity grew and she began preparing refreshments and breakfasts. She will invest the loan in the purchase of basic grains, eggs and meat among other products.
The other members of the group are Raquel, who sells tortillas and has been running a small stall for 10 years, and Gloria, who has been running a corner shop for 3 years.
View original language description ↓
El grupo los Ángeles de Charlies lo conforman tres personas trabajadoras y emprendedoras una de ellas es Karla Vanessa quien se dedica a la venta de comida desde hace 6 años. Este negocio lo inicio llevando unos cuantos platos de comida a los trabajadores de la panadería donde trabaja y poco a poco fue creciendo empezó hacer fresco y realizar desayunos. Ella invertirá en granos básicos, huevos, carne…etc.
Las otras integrantes son Raquel quien vende totillas y tiene una pequeña venta desde hace 10 años y Gloria quien tiene una pulpería hace 3 años.

Previous Loan Details

The Charlie's Angels group is made up of 3 hard-working, enterprising women. One of whom is Karla J. who is 40 years old and sells food. She makes the food, packages it, and sells it to businesses. J. has 3 children who are 20, 15, and 10 years old, each of whom also works hard. The other... More from Los Ángeles De Charlies Group's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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

  • $3,636
    Average annual income
  • 127
    View loans »
    Nicaragua Loans Fundraising
  • $23,814,675
    Funds lent in using Kiva
  • 23.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Ángeles De Charlies Group's $1,100 loan helped a member to buy basic grains, eggs and meat.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2012
Listed
Mar 14, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012