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Manantial El Desierto Group
In this Group: María Auxiliadora, Lucia Del Carmen, Fatima, Carmen Maria

Update on Manantial El Desierto Group

This group is made up of 4 successful women entrepreneurs. One of them, María Auxiliadora, is a 48-year-old married woman. She has been operating a small grocery store from her house for 8 consecutive years and has been a member of instituation for 6 years.

With her last loan, she was able to buy products that she didn’t have before. These included cosmetics from different brands, such as Avon, Vogue, etc. She will invest this loan to buy grains like rice, beans, sugar, oil, beef, chicken, wood, soap, Ace detergente, toilet paper, etc.

Lucia is 29 years old and she sells Nicaraguan tamales; Fátima is 23 and owns a sewing workshop; and Carmen is 43 and she sells food.
View original language description ↓
Este grupo está formado por cuatro socias emprendedoras de éxito una de ellas es María Auxiliadora mujer de 48 años de edad, casada, su negocio es de una pulpería en su domicilio desde hace ocho años. De ser cliente de la institución tiene 6 años. Con el prestamo que cancelo uno de sus logros que adquirio por sus ganancias fue comprar productos que antes no tenia en su negocio por falta de capital, estos productos eran cosméticos de diferentes marcas y de casas comerciales como Avon y la Vogue . El crédito lo invertirá en la compra de granos como arroz, frijoles, azúcar, aceite, carne de res, carne de pollo, leña, jabón, Ace detergente, papel higiénico, etc. Lucia tiene 29 años y su negocio es la venta de nacatamal, Fátima tiene 23 años su negocio es un taller de costura y Carmen tiene 43 años su negocio es la venta de comida.

Previous Loan Details

The group Manantial en el Desierto has three working members. María Auxiliadora is the coordinator, and has sold aluminum and clothing from her home for the past 8 years. She seeks this credit to increase her merchandise for sale and her goal is to little by little improve her home; with a prio... More from Manantial El Desierto 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
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $25,075,600
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Manantial El Desierto Group's $2,525 loan helped a member to buy grains such as rice, beans, sugar, oil, beef, chicken, fire wood, soap, hace, and toilet paper.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
May 17, 2013
Jun 12, 2013
Currency Exchange Loss:
Feb 17, 2014