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Asociacion Sin Fronteras Group
In this Group: Socorro Benita, Lidia De Los Angeles, Felipa Lorena
Socorro Benita is a member of this group and, along with two other successful partners, they make up this group. Socorro is 43 years old and married with children, who are now in their teens. For five years Socorro has been selling various products such as leather sandals, baby oil, cologne. She started as a street vendor selling clothes. This loan will be used to buy leather sandals, baby oil, cologne, hair gel, Palmolive shampoo and soap and Dove soap. Lidia is 55 years old and sells recycled paper for wrapping items. Felipa is 54 and sells fresh vegetables at a local market.
View original language description ↓
Socorro Benita es integrante de grupo, junto a dos socias de éxito que conforman el grupo, ella es una mujer de 43 años casada, con hijos adolescentes. Desde hace cinco años su negocio es vender productos variados como sandalias de baquetas, sandalias de cueros, aceite menen, colonias perfumadas grandes etc. inicio vendiendo ropa ambulante. El crédito lo invertirá en la compra de sandalias de baqueta, sandalias de cuero, aceite Menem, colonia perfumada grande, gel para caballeros, champo Palmolive, jabón Palmolive, jabón dove etc. Lidia tiene 55 años vende papel reciclado para envolver y Felipa mujer de 54 años en un mercado de la localidad vende verduras frescas.

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.

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About Nicaragua

  • $4,800
    Average annual income
  • 128
    View loans »
    Nicaragua Loans Fundraising
  • $24,535,925
    Funds lent in using Kiva
  • 24.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Asociacion Sin Fronteras Group's $1,250 loan helped a member to buy leather sandals, baby oil, cologne, hair gel, Palmolive shampoo and soap and Dove soap.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2013
Listed
Apr 2, 2013
Currency Exchange Loss:
Covered
Ended:
Sep 27, 2013