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Azucenas Blanca Group
In this Group: Issel Del Carmen, Rosaura Del Carmen , Ruth Walkiria
This group is made up of 3 micro-entrepreneurs. Rosaura has 9 years of experience selling crafts and makes imitation jewelry such as necklaces and earrings, to sell at the tourist center at the lookout.

She will invest this loan in a new area by selling chicken in order to diversify her income.

Ruth sells cut up chicken from her home, and Issel sells used clothing.
View original language description ↓
Grupo formado por tres microempresaria emprendedoras, doña Rosaura se dedica a la comercialización de artesanía además elabora bisuterías como cadenas, aretes y los vende en el centro turistico en el mirador, actividad que realiza desde 9 años.
El crédito lo invertirá en un nuevo rubro como es la venta de pollo de esta manera está diversificando su negocio.
Doña Ruth se dedica a vender pollo en piezas en su domicilio, doña Issel comercializa ropa usada.

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
  • 132
    View loans »
    Nicaragua Loans Fundraising
  • $24,569,675
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Azucenas Blanca Group's $650 loan helped a member to purchase vases, wall decorations, pots, necklaces, and earrings etc.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2012
Listed
Oct 15, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2013