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San Antonio Group
In this Group: Rosa Milagros, Adilia Salvadora, Oneyda De Los Angeles
Microempresarias was formed by three members. Rosa has made tortillas and cooked beans for 20 years. She is 38 years old, married and the mother of two children. She has a worker that she pays to make the tortillas. She will invest the loan in buying corn, firewood, and beans. Oneyda sells clothes and various Avon cosmetics and Adilia has a store in her home.
View original language description ↓
Microempresarias formadas por tres socias se dedica la socia Rosa a elaborar tortillas y frijoles cocidos desde hace 20 años es una mujer acompañada tiene 38 años de edad y dos hijos. Cuenta con un trabajador que le paga en la fábrica de tortillas, el crédito lo invertirá en la compra de maíz, leña, frijoles , Oneyda vende ropa nueva y variada, cosméticos de la Avon y Adilia tiene una pulpería en su domicilio.

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
  • 113
    View loans »
    Nicaragua Loans Fundraising
  • $23,723,925
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of San Antonio Group's $2,175 loan helped a member to invest in buying corn, firewood, raw beans, etc.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013