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Madres Solidarias Group
In this Group: Deyanira Del Socorro, Rosa Maria , Eimee Gabriela
A group formed by three entrepreneurial partners, one of which is Deyanira. She is a young, 39 year old woman who is married with two children aged 19 and 10. Her business sells fried foods and natural drink on the weekends. She has been working in this business for the past 10 years. She has been with the institution for one year, which has been very beneficial.

She wants to use this loan to invest in the purchase of raw materials such as rice, oil, sugar, beef, chicken, salt, green plantains, ripe plantains, cheese, pork, fruits such as: melon, passionfruit, carrots, beets and bananas, bagged milk, etc... With the previous loan, she was able to purchase a 25 lb freezer to store her products.

Rosa Maria is 56 years old, and has a business selling fried foods, cooked beans, and a small convenience store. Eimee is 30 years old and sells jewelry and Avon cosmetics.
View original language description ↓
Grupo formado por tres socias emprendedoras una de ellas es Deyanira es una mujer joven de 39 años, casada, con dos hijos de 19 y 10 años, su negocio es la venta de fritanga, y refrescos naturales los fines de semanas, esta actividad la viene realizando desde hace 10 años consecutivos. En la institución tiene un año de los cuales a pagado satisfactoriamente. Este crédito lo quiere invertir en la compra de materia prima como arroz, aceite, azúcar, carne de res, carne de pollo, sal, plátano verde, plátano maduro, queso, carne de cerdo, frutas como melón, granadilla, zanahoria, remolacha, banano, leche en bolsa etc. con el crédito anterior logro comprar un freezer de 25 lbs para guardar productos, Rosa María tiene 56 años de edad y su negocio es la venta de fritanga, frijoles cocidos y una mini pulpería y Eimee tiene 30 años de edad y su negocio es la venta de bisutería y cosméticos de la Avon.

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.

Tags

About Nicaragua

  • $3,636
    Average annual income
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,053,975
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Madres Solidarias Group's $1,300 loan helped a member to purchase raw material such as rice, oil, sugar, beef, chicken, salt, green plantains, ripe plantains, cheese, pork, fruits such as: melon, passionfruit, carrots, beets and bananas, bagged milk, etc...
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2013
Listed
Jul 17, 2013
Currency Exchange Loss:
Covered
Ended:
Dec 20, 2013