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Guard Barranco Group
In this Group: Claudia Salvadora , Sandra Yanet, Sonia Del Carmen
This group is composed of three successful micro entrepreneurs. Sandra is one of them, and she sells clothes. 5 years ago she started selling Avon cosmetics, and now she and her husband sell clothes. The loan she is requesting will be used to buy new clothes. The other members of the group are Sonida, who sells cut-up pork, and she also sells nactamales (typical Nicaraguan dish) in her house and she in renown in her community; and Claudia, who sells used clothes in her neighborhood and in the markets.
View original language description ↓
Socias formado por tres microempresarias de éxitos una de ellas es Sandra quien vende ropa, y comenzó vendiendo cosméticos Avon desde hace 5 años, actualmente su esposo le ayuda a la comercialización de la ropa, este crédito lo quiere invertir en la compra de ropa nueva, Los otros miembro del grupo son Sonia destaza cerdos y la comercializa en las ventas y vende nacatamales en su casa es reconocida en la vecindad Claudia vende ropa usada, en la comunidad y en los mercados.

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
  • 128
    View loans »
    Nicaragua Loans Fundraising
  • $24,581,200
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Guard Barranco Group's $850 loan helped a member to buy clothes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2012
Listed
Oct 15, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2013