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Las Negras Group
In this Group: Elizabeth Del Carmen, Veronica Isabel, Yolanda Elizabeth

Update on Las Negras Group

Three hardworking, enterprising people form the “Las Negras” group. One of them is Elizabeth who’s a street vendor. She’s been selling fruit, vegetables and meat for the last ten years and will use the loan to buy merchandise. She’s married and has five children whose ages are 12, 11, 7, 3 and 1 respectively. She used the previous loan to buy scales, a table and baskets, among other things she needed. The other group members are Yolanda who has had a grocery store for five years and Verónica who has been selling records and leasing Nintendo for six years.
View original language description ↓
El grupo las negras lo conforman tres personas trabajadoras y emprendedoras una de ellas es Elizabeth quien es comerciante ambulante con la compra de frutas, verduras y carne desde hace 10 años en el que invertirá el crédito en mercadería. Ella está casada y tiene cinco hijos de 12, 11, 7, 3 y 1 año de edad respectivamente.
Con el crédito anterior invirtió en pesas, mesa, canastas entre otras cosas que necesitaba.
Las otras integrantes son Yolanda quien tiene una pulpería desde hace 5 años y Verónica quien vende discos y alquiler de nintendo desde hace 6 años.

Previous Loan Details

The members of Las Negras group are three strong, hardworking, tenacious and cheerful women. Elizabeth del Carmen is the coordinator of the group: she is 28 years old, she is a street vendor and she sells cosmetics, sweets, clothes, shoes and so on; she works with her live-in partner, and their g... More from Las Negras 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
  • 92
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Negras Group's $1,075 loan helped a member to buy fruit, vegetabes and meat.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 22, 2012
Aug 2, 2012
Currency Exchange Loss:
Jan 19, 2013