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Candy Group
In this Group: Carlota Marcela, Juana Del Socorro, Byron Javier
This group is made up of three partner entrepreneurs. One of them is Carlota, who has been selling gold and silver pieces for ten years. She is married, 43, and has four children ages 29, 28, 20 and 7. She will invest the loan in the purchase of gold and silver pieces such as bracelets, badges, rings, chains, etc.

Regarding the other two partners, Juana has a kiosk located in a high school close to her home, and Byron sells fruit in a market in the capital.
View original language description ↓
Este grupo está formado por tres socios emprendedores una de ellas es Carlota que hace 10 años vende prendas de plata y oro , es casada, tiene 43 años y cuatro hijos de 29, 28,20 y 7 años de edad. El crédito lo invertirá en la compra de prendas de oro y plata como pulseras, chapas, anillos, cadenas, brazaletes etc. Juana tiene un kiosco ubicado en un colegio cercano a su domicilio y Byron vende frutas en un mercado capitalino.

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
  • 79
    View loans »
    Nicaragua Loans Fundraising
  • $23,617,600
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Candy Group's $1,000 loan helped a member to invest in gold and silver pieces such as rings, earrings, bracelets, chains, and badges.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 31, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2013