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Pio Xii Group
In this Group: Zoila, Melenciana, Zenobia, Ignacio

Update on Pio Xii Group

The Grupo Pio XII (Pius XII Group) is composed of four hardworking people. One of them is Zoila Luz who has been working for 12 years preparing and selling “nactamales”, a typical Nicaraguan dish made of maize and pork that she generally sells during the week-ends. She sells her products in one of the biggest markets of Managua, and she will use her loan purchase corn, firewood, pork etc.

The other members of the group are Melencia, who runs a “tortilleria” (tortillas bakery); Zenobia, who runs a general store and who has been selling enchiladas for 6 years, and Ignazio de Jesús, who has been selling bay leaves for 22 years.
View original language description ↓
El grupo XII lo conforman cuatro personas trabajadoras y emprendedoras una de ellas es Zoila Luz quien desde hace 12 años se dedica a la elaboración y venta de nacatamales, comida típica a base de maíz y cerdo la cual se vende generalmente los fines de semana. Ella comercializa su producto en uno de los mercados más grande de Managua e invertira el credito en insumos en especial maiz, leña, cerdo...etc.

Las otras integrantes son Melenciana quien tiene una tortillería, Zenobia quien tiene una pulpería y vende enchiladas desde hace 6 años y Ignacio de Jesús quien vende hojas desde hace 22 años.

Previous Loan Details

The Pio XII (Pius XII) group has five members. One of them is Zoila R., 51, who sells nacatamales, a typical dish made from dough stuffed with pork that is usually consumed on weekends. She will use the loan to buy pork and to stock her small snack sales business. The other group members a... More from Pio Xii 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

  • $4,800
    Average annual income
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $25,406,150
    Funds lent in using Kiva
  • 23.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Pio Xii Group's $1,800 loan helped a member to buy pork, corn, firewood, tomatoes and potatoes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Mar 29, 2012
May 1, 2012
Currency Exchange Loss:
Oct 15, 2012