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Reseda Y Sontol Group
In this Group: Lizett Yaoska , Rosa Del Carmen , Aydalina Del Carmen
This group comprises three entreprising and successful members. One of them is Aydalina, who is a 37-year-old woman who lives with her partner and has two children. She is originally from Masaya. She has been making and selling fried pastries and meringue cookies for fifteen years as a street vendor in the capital. She has been a client of our institution for ten months. She will invest this loan in purchasing ingredients and supplies like flour, sugar, firewood, plastic bags of different sizes, cinnamon, eggs, food coloring, etc.

Lizett is 26 years old and her business is selling sandals, while Rosa is 69 years old and her business is selling tortillas.
View original language description ↓
Grupo formado por tres socias emprendoras con éxitos una de ellas es Aydalina mujer de 37 años de edad, acompañada, con dos hijos, originaria de Masaya tiene 15 años de dedicarse en la producción y venta de hojuelas, espumias, ambulante en la capital, tiene 10 meses de ser cliente de la institución, este crédito lo invertirá en la compra de materia prima como harina, azúcar, leñas, bolsa de gabacha, bolsa de libra, canela, huevos, colorantes etc.Lizett tiene 26 años su negocio es la venta de chinelas y Rosa tiene 69 años de edad su negocio es la venta de tortillas.

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
  • 132
    View loans »
    Nicaragua Loans Fundraising
  • $24,060,850
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Reseda Y Sontol Group's $2,050 loan helped a member to purchase ingredients and supplies, like flour, sugar, firewood, plastic bags of different sizes, cinnamon, eggs, food coloring, etc.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2013
Listed
May 22, 2013
Currency Exchange Loss:
Covered
Ended:
Dec 20, 2013