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Los Rincones Group
In this Group: Noelia, Lideth, Angela
The Los Rincones group is comprised of three hard-working and enterprising people. They devote themselves to selling dairy products, raising chickens, and a grocery store.

Lidieth is the coordinator of the group. She sells fruits and vegetables. She is currently selling dairy products (cheese, cream, curds) wholesale. She will invest the loan in cheese, curds, and cream.

The other members of the group are Ángela, who has a grocery store, and Nohelia, who raises chickens.
View original language description ↓
El grupo los Rincones lo conforman tres personas trabajadoras y emprendedoras quienes se dedican al comercio de productos lácteos, crianza de pollo y pulpería. La coordinadora del grupo es Lidieth quien se dedica al comercio de frutas y verduras en la actualidad vende productos lácteos (queso, crema, cuajada) a por mayor.
El crédito lo invertirá en queso, cuajada y crema.
Las otras integrantes son Ángela quien tiene una pulpería y Nohelia quien se dedica a la crianza de pollo.

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

  • $3,636
    Average annual income
  • 63
    View loans »
    Nicaragua Loans Fundraising
  • $23,461,725
    Funds lent in using Kiva
  • 23.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Rincones Group's $1,075 loan helped a member to buy dairy products.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2012
Listed
Sep 11, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013