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Los Bailarines Group
In this Group: Jenny Vanessa, Alex Omar, Maria Ines
This group is made up of three enterprising members.

One of them is María, 29. She's married and has one child. She has sold Avon cosmetics for three years. She sells the products in her community for cash and on credit.

She'll invest the loan in buying Avon cosmetics such as facial cream, men's and women's perfume, hand cream, body cream, shampoo, eyeliner, etc.

Jenny, 31, sells clothing and Avon cosmetics and Alex, 29, works in intermunicipal transportation services.
View original language description ↓
Este grupo está formado por tres socios emprendedores una de ellas es María tiene 29 años de edad, casada, con un hijo su negocio es la venta de cosméticos de la Avon desde hace tres años. Los productos los vende en su comunidad al contado y al crédito, invertirá el préstamo en la compra de cosméticos de la Avon como cremas faciales, perfumen de varón, perfumen de dama, crema para manos, cremas para cuerpos, champo, delineadores, etc. Jenny tiene 31 años de edad y su negocio es la venta de ropa y cosméticos de la Avon y Alex tiene 29 años y su negocio es el servicio de transporte intermunicipal.

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

  • $4,800
    Average annual income
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,450
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Bailarines Group's $1,375 loan helped a member to buy Avon cosmetics.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 6, 2013
Listed
May 7, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013