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Doña America Group
In this Group: Rosa Maria , Suheyli Jazmina, America Del Socorro
The group is made up of three members. One of them is América, who has made a living for eight years selling Avon cosmetics. She's married and has four adult children and a younger one, age 4.

She's going to invest the loan in buying cosmetics, fireworks for the Christmas season, and clothing.

Rosa María sells used and new clothing and Suheyly has a butane gas company.
View original language description ↓
El grupo está formado por tres socias una de ellas es América que se dedica a vender cosméticos de la Avon desde hace 8 años, es casada tiene cuatros hijos mayores y un menor de 4 años, el crédito lo invertirá en la compra de cosméticos, juegos de pólvora por la temporada navideña y ropa, Rosa María vende ropa nueva y usada, Suheyly tiene una agencia de gas butano.

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
  • 114
    View loans »
    Nicaragua Loans Fundraising
  • $23,803,650
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Doña America Group's $1,000 loan helped a member to buy cosmetics and fireworks for the Christmas season.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2013