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Rosa De Saron Group
In this Group: Ana, Ivania, Liliam
The Rosa de Saron group is comprised of three hard-working and enterprising women. One of these women is Ana del Socorro, who sells nacatamales (Nicaraguan tamales) and other food. She has worked in this business for 2 years. She will invest the loan into increasing her business.

The other members are Lilia, who has been selling clothes for 1 year, and Ivania, who has been selling food for 2 years.
View original language description ↓
El grupo Rosa de Saron lo conforman tres personas trabajadoras y emprendedoras una de ellas es Ana del Socorro quien vende nacatamal y comida desde hace 2 años negocio en el que invertirá el crédito para aumentar su negocio.
Las otras integrantes son Lilia quien vende ropa desde hace 1 año e Ivania quien vende comida desde hace 2 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
  • 124
    View loans »
    Nicaragua Loans Fundraising
  • $24,557,075
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Rosa De Saron Group's $425 loan helped a member to buy basic grains, perishables, and meat.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2012
Listed
Aug 4, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012