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La Amistad Group
In this Group: Keylin Gabina , Alejandra Del Carmen, Sonia
These three women are entrepreneurial communal bank members, one of whim is Keylin. She works selling clothing, plastic dishes, and cosmetics as a walking vendor. She has more than three years of experience working in this business. She has three minor children, and her husband helps her in the business. She will invest the loan in the purchase of Avon cosmetics, plastic dishes, and clothing.

Alejandra has a little bookshop and also sells soft drinks, and Sonia sells food in her home.
View original language description ↓
Son tres socias emprendedoras, una de ellas es Keylin que se dedica a vender ropa, trastes de plásticos, cosméticos de forma ambulante tiene más de 3 años de ejercer esa actividad, tiene tres hijos menores y su esposo le ayuda en el negocio, el crédito lo invertirá en la compra de cosméticos Avon, trastes de plásticos y ropa. Alejandra tiene una mini librería además vende gaseosa y Sonia vende comida 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
  • 174
    View loans »
    Nicaragua Loans Fundraising
  • $23,211,000
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of La Amistad Group's $1,625 loan helped a member to buy cosmetics, plastic dishes, and a variety of clothing to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Covered
Ended:
May 17, 2013