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Talula Group
In this Group: Soraya Margarita , Jeysi Del Socorro, Maria Felipa, Maria Luisa
This group is made up of four enterprising women. One of them is Soraya. She is 31 and married, with two minor children. She sells assorted soups in a local market. She started her business selling Nicaraguan tamales, natural soft drinks, and ice cream as a street vendor. Now she has a fixed place in the city market. She will invest the loan in purchasing ingredients like soup bones, yuca, pear squash, ayote (squash), quequisque (tuber), bitter orange, onion, sweet pepper, tomato, salt, culantro, tripe, etc. Maria has a small grocery store in her home. Jeysi sells pastries. María Luisa has a sewing and embroidery workshop in her house.
View original language description ↓
Este es un grupo formado por cuatro socias emprendedoras una de ellas es Soraya con 31 años de edad, casada, con dos hijos menores de edad, ella vende sopas variadas en un mercado local , inicia su negocio vendiendo nacatamales y refrescos naturales, helado ambulante, actualmente ya cuenta con un tramo fijo en el mercado de la localidad, el crédito lo invertirá en la compra de materia prima como hueso de res, yuca, chayote, ayote, quequisque, naranja agria, cebolla, chiltoma, tomate, sal, culantro, mondongo, etc. Maria tiene una pulpería en su domicilio, Jeysi vende repostería y María Luisa tiene un taller de costura y bordado 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
  • 70
    View loans »
    Nicaragua Loans Fundraising
  • $23,505,525
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Talula Group's $2,150 loan helped a member to buy ingredients like soup bones, yuca, pear squash, ayote (squash), quequisque (tuber), bitter orange, onion, sweet pepper, tomato, salt, culantro, tripe, etc.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013