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El Grupo H. Group
In this Group: Darling Del Socorro, Mayra Ernestina, Julia Marcelina

Update on El Grupo H. Group

This solidarity group was formed by three entrepreneurs.

One of them is Darling, a woman of 34 years of age, married with a young child. She has been a selling used clothing for 5 years, selling on credit and cash in her neighborhood, and as a street vendor. She has been a customer of the institution for 4 consecutive years. This loan will be used to buy a bale of good quality clothing such as pants, shorts, towels, ladies blouses, ladies slacks, etc.

Mayra is 40 years old and her business is also selling used clothing, and Julia is 33 years old and her business is selling used clothing.
View original language description ↓
Grupo solidario formado por tres socias emprendedoras una de ellas es Darling mujer de 34 años, casada y con un hijo menor. Desde hace cinco años se dedica a la venta de ropa usada, está la comercializa al crédito y al contado en su vecindario y ambulante, tienes de ser cliente de la institución cuatro años consecutivos este crédito lo utilizara en la compra de paca de ropa de muy buena calidad como pantalones, chores, toallas, blusas de damas, pantalones de damas etc. Mayra tiene 40 años de edad y su negocio es la venta también de ropa usada y Julia tiene 33 años de edad y su negocio es la venta de ropa usada.

Previous Loan Details

The “H” group es composed of three hardworking, enterprising people. One of them is Darling del Socorro who has been selling new and used clothes for five years. She will use her loan to buy merchandise like pants, blouses and children’s clothes. The other group members are Leonardo who sells b... More from El Grupo H. Group's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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

  • $4,800
    Average annual income
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of El Grupo H. Group's $825 loan helped a member to invest in the purchase of a bale of good quality clothing such as pants, shorts, towels, ladies blouses, ladies slacks, etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Mar 21, 2013
Apr 22, 2013
Currency Exchange Loss:
Sep 27, 2013