Check out some available loans that are similar to this one!
Cenda De Amor Group
In this Group: Patricia Elena, Sandra Lorena, Mercedes Argentina
This is a group of three small business owners, one of whom is Patricia, age 29. She is single with one child, age 9. She has sold new and used clothing for 10 consecutive years. Before that, she worked as a maid in private homes. She first took out a loan with the institution 8 months ago. She will invest this loan in the purchase of new clothing such as men's and women's pants, men's and women's shirts, shorts, skirts, bras, bikinis, etc.
Mercedes, a 53-year-old woman, makes and sells tortillas in her home. She also sells pork products such as fried pork, cabeza de chancho [a stew], and nactamales on the weekends. Sandra is 40, and she has a kiosk for school children at a school near to her home. She sells a variety of pop, confectionery,
dairy products, juice boxes, canned juice, etc.
View original language description ↓
Este es un grupo formado por tres socias microempresarias una de ellas es Patricia mujer con 29 años de edad, soltera con un hijo menor de 9 años de edad. Su negocio es la venta de ropa nueva, ropa usada desde hace 10 años consecutivos, anteriormente trabajaba como doméstica, en casa privadas. De estar en la institución tiene 8 meses de ser sujeta de préstamos, el crédito lo invertirá en la compra de ropa nueva como pantalones de varón, pantalones de mujer, camisas de damas, camisas de varón, chores, camisetas, faldas, brasieres, bikinis etc. Mercedes mujer de 53 años de edad y su negocio es la hecha y venta de tortilla en su domicilio y venta de productos derivados del cerdo como frito, cabeza de chancho, nacatamales los fines de semanas y Sandra tiene 40 años y su negocio es tener un kiosco estudiantil en un colegio cercano a su domicilio, vende gaseosas variadas, reposterías, chiverías, jugos de caja, jugos de lata 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

  • $4,800
    Average annual income
  • 101
    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 Cenda De Amor Group's $1,025 loan helped a member to purchase new clothing like men's and women's pants, men's and women's shirts, shorts, skirts, bras, bikinis, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Apr 24, 2013
May 16, 2013
Currency Exchange Loss:
Oct 17, 2013