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Los Cocos Group
In this Group: Xiomara Del Socorro, Santito Alejandra, Edipcia Jeanneth
This group consists of three entrepreneurs. One of them is Santito Alejandra. She sells general merchandise such as unisex clothing, undergarments, cosmetics, and shoes in her community. Santito spends part of her time selling these products and the rest of her time is devoted to her job as a housekeeper at a private residence. This enables her to maintain her family’s expenses. Her loan will be used to buy various clothing, cosmetics, shoes, undergarments, and other products.


Edipcia sells general merchandise in her community while Xiomara has a vending stall at the market where she sells used clothing.

View original language description ↓
Grupo formado por tres socias emprendedoras una de ellas es Santito Alejandra que se dedica a vender mercadería en general como ropa variada unisex, ropa interior, cosméticos, calzados en su comunidad. Utiliza medio tiempo para la venta de sus productos y medio tiempo trabaja como domesticas en una vivienda privada para aportar en los gastos de su familia. El crédito lo utilizara en la compra de ropa variada, cosméticos, calzados, ropa interior, etc. Edipcia vende mercadería en general en su comunidad los vende, Xiomara tiene un tramo de ropa usada en el mercado.

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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $23,421,675
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Cocos Group's $925 loan helped a member to buy clothing, cosmetics, shoes, undergarments, and other products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 29, 2012
Listed
Nov 5, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013