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Pureza De Dios Group
In this Group: Katy Yessenia , Flor De Jesus , Geyly Ramona, Delia Maria

Update on Pureza De Dios Group

This group has four successful and enterprising members. One is 55-year-old Flor. She has had a business making and selling tortillas for eleven years. She is single and has seven children - one of whom is 23 years old - who are all still under her charge. Flor has a worker whom she pays to help with her business. Flor will invest this loan in buying corn, lime, butane gas, raw beans and more. Delia is 25 years old and has a grocery store that she runs out of her home. Geyly is 33 and sells new clothes. Katy is 24 years old and has a business selling Avon products, fast food and natural soft drinks.
View original language description ↓
Este grupo está formado por cuatros socias emprendedoras exitosas una de ellas es Flor mujer de 55 años de edad su negocio es la hecha y venta de tortillas negocio que viene realizando desde hace 11 años, es soltera y tiene 7 hijos de los cuales tiene a su cargo uno de 23 años de edad, ella y una trabajadora que le paga le ayuda en el negocio, este crédito lo invertirá en la compra de maíz, cal, gas butano, frijoles crudos etc. Delia tiene 25 años de edad su negocio es una pulpería en su domicilio, Geyly tiene 33 años de edad su negocio es la venta de ropa nueva y Katy tiene 24 años su negocio es la venta de cosméticos de la Avon comida rápida y refrescos naturales.

Previous Loan Details

This group is made up of five entrepreneurs. Karla is one of the members and has been selling Avon cosmetics for six years. She is married and has a minor son. She will use the money from this loan to buy cosmetics such as perfume, hand and body creams, lipstick, nail polish, etc. Carla Azuce... More from Pureza De Dios 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

  • $3,636
    Average annual income
  • 116
    View loans »
    Nicaragua Loans Fundraising
  • $23,724,925
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Pureza De Dios Group's $1,225 loan helped a member to buy corn, lime, butane gas, raw beans and more.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2013
Listed
Jun 18, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013