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Mujeres Emprendedoras Group
In this Group: Mariela Del Socorro, Geydi Karina , Orlando Antonio
This group is formed by three successful partners; one of them is Maricela who is 32 years old, married with two small children. She has been a business owner for 4 years selling furniture of different types of materials and assortments such as wicker furniture set, cloverleaf and shell style furniture sets, and ceramic crafts such as big clay vases. Four relatives help her with her business, two of whom she pays and the rest she supports financially.

The loan will be invested for the purchase of furniture such as wicker sets, cloverleaf and shell style furniture sets, big clay vases etc...

Geydi is 25 years old she sells fried food from her home and Orlando sells dairy products such as sour cream, cheese, milk etc...
View original language description ↓
Este grupo está formado por tres socios de éxito una de ellas es Maricela quien tiene 32 años de edad, casada, con dos hijos menores, desde hace 4 años es propietaria de su negocio que es la venta de muebles de diferentes clases de material y variados tales como juegos de mimbres, juegos de trébol, juegos de muebles de conchita y artesanías de cerámicas como jarrones de barros grandes, en el negocio le ayudan cuatro familiares de los cuales solamente a dos les paga salarios el resto ella los mantiene económicamente. El crédito lo invertirá en la compra de muebles tales como juegos de mimbres, juegos de muebles estilo trébol, juego de muebles de conchita, jarrones de barros grande etc. Geydi tiene 25 años vende fritanga en su domicilio y Orlando vende productos lácteos como crema acida, queso, leche etc.

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
  • 67
    View loans »
    Nicaragua Loans Fundraising
  • $23,451,300
    Funds lent in using Kiva
  • 24.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Emprendedoras Group's $2,475 loan helped a member to purchase furniture such as wicker sets, cloverleaf and shell style furniture sets, big clay vases etc...
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Covered
Ended:
Sep 27, 2013