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Flor Silvestre Group
In this Group: Flor De María, Raquel, Blanca
The group Flor Silvestre is made up of three people who are hard workers and entrepreneurs. One of them is Flor, who has bought and sold furniture for the last 6 years. She will invest this loan into the purchase of chairs, wide rocking chairs, narrow rocking chairs, and rustic furniture.

The other members are Raquel, who has owned a store for 2 years and Blanca who has a furniture workshop in which she will invest the loan into the purchase of wood, sealant, sandpaper, etc.
View original language description ↓
El grupo Flor Silvestre lo conforman tres personas trabajadoras y emprendedoras una de ellas Flor quien compra y vende muebles desde hace 6 años negocio en el que invertirá el crédito con la compra de sillas, silla campana, sillas brisas, y muebles rústicos.
Las otras integrantes son Raquel quien tiene una pulpería desde hace 2 años y Blanca tiene un taller de mueblería en el que invertirá el crédito con la compra de madera, cellador, lija…etc.

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
  • 115
    View loans »
    Nicaragua Loans Fundraising
  • $23,737,400
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor Silvestre Group's $1,325 loan helped a member to purchase furniture, primarily rustic-style wooden chairs.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2012
Listed
Oct 3, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 19, 2013