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El Arbol Group
In this Group: Eugenia Del Carmen , Margot Del Carmen , Mirna Damaris, Maritza Esther
This group is made up of four businesswomen. One of these members is 34-year-old Mirna. She has a partner and two children, aged ten and eight years old. Mirna has had a grocery store in her home for two and a half years. Before starting this work, she was a housewife. Mirna's mother helps her with the business, serving customers. This loan will be used to buy basic products such as rice, beans, sugar, oil, dairy products, salt, medicines, toilet paper, Tang products, meat, chicken, fizzy drinks, Cola, bread, sweet bread and more. One thing that Mirna has managed as a result of previous loans is that she has built a wall around her home, providing her family with more security. Martiza is 40 years old and has a business selling Avon cosmetics. Eugenia is 21 years old and sells "posol" (a maize drink) and seeds for calabash tress. Margot is 62 years old and has a business selling watermelons.
View original language description ↓
Este grupo está formado por cuatro socias empresarias una de ellas es Mirna que es mujer de 34 años, acompañada, con dos hijos de 10, 18 años respectivamente, su negocio es tener una pulpería en su domicilio desde hace dos años y medios, anteriormente era ama de casa, su mama le ayuda en el negocio, en la atención de la clientela. Este crédito lo invertirá en la compra de granos básicos como arroz, frijoles, azúcar, aceite, productos lácteos, sal, medicamentos populares, papel higiénico, productos tang, carne de res, carne de pollo, gaseosas variadas, bigcola, pan simple, pan dulce etc. Uno de los logros que adquirió con el crédito anterior es con sus utilidades hizo un muro perimetral en su domicilio que le da seguridad a su familia., Maritza tiene 40 años y su negocio es la venta de cosméticos de la Avon, Eugenia tiene 21 años su negocio es la venta de pozol, tistes, semilla de jícaro en bruto y Margot tiene 62 años y su negocio es la venta de sandalias.

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
  • 65
    View loans »
    Nicaragua Loans Fundraising
  • $25,382,700
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD
A portion of El Arbol Group's $2,350 loan helped a member to buy basic products such as rice, beans, sugar, oil, dairy products, salt, medicines, toilet paper, Tang products, meat, chicken, fizzy drinks, Cola, bread, sweet bread and more.
Repayment Term
10 months (Additional Information)
Repayment Schedule
Jun 14, 2013
Jul 17, 2013
Currency Exchange Loss:
Aug 16, 2013