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Brisas Del Xolotlan Group
In this Group: Ana Rosa , Magela Del Carmen, Juana Del Socorro
This group consists of three micro businesswomen. One of them is Magela, 43. She’s married and has four children. She has a home-based grocery store that she opened 12 years ago selling ice-cream and chocolate-covered bananas. She used profits to gradually buy more products sold in grocery stores. Her husband and one of her older children help her with the business and she will use this loan to buy new clothes, shoes, shawls and seasonal cosmetics. Juana sells clothes and Avon cosmetics and Ana has a small grocery store and sells clothes.
View original language description ↓
Grupo formado por tres microempresarias, una de ellas Magela mujer de 43 años, casada con cuatro hijos tiene una pulpería en su domicilio desde hace 12 años inicio vendiendo helados y choco bananos con sus ganancias fue comprando en menor escala productos de pulperías. En su negocio le ayudan su esposo y unos de sus hijos mayores, este préstamo lo invertirá en la compra de ropa nueva, zapatos, chinelas y cosméticos por la temporada. Juana vende ropa, cosméticos de la Avon y Ana tiene una pequeña pulpería y vende ropa.

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
  • 105
    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 Brisas Del Xolotlan Group's $1,500 loan helped a member to buy merchandise to stock her store.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013