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Las Mariposas De Los Solises Group
In this Group: Orquidea De Los Angeles, Gabriela De Los Angeles , Paula Eloisa, Ana Mercedes , Crista Maria
This group is composed of five resourceful members. Orquidea is one of them: she is 35 years old, she is married and she has two children aged 17 and 14. She sells “fritanga nicaragüense*” every day in her house; she also sells cosmetics by Avon, Zermat and other brands. The loan she is requesting will be invested in the purchase of products such as rice, beans, sugar, oil, beef, chicken, unripe and ripen bananas, cabbage, tomatoes, green bell peppers, onions, salt, firewood, cheese as well as creams and other cosmetics. Gabriela is 19 years old and she engages in selling shoes; Crista is 23 years old and she engages in selling uncooked and fried fish; Paula is 45 years old and she engages in selling tortillas; and Ana is 28 years old and she sells meals.

*A typical Nicaraguan dish
View original language description ↓
Grupo formado por cinco socias emprendedoras una de ellas es Orquidea socia de 35 años de edad, casada, con dos hijo de 17 y 14 años. Su negocio es la venta de fritanga todos los días en su domicilio y la venta de cosméticos de la Avon, Zermat etc., este crédito lo invertirá en la compra de materia prima como arroz, frijoles, azúcar, aceite, carne de res, carne de pollo, plátanos verdes, plátanos maduros, repollo, tomate, chiltoma, cebolla, sal, leñas, queso, cremas, etc. Gabriela tiene tiene 19 años su negocio es la venta de calzado, Crista tiene 23 años y su negocio es la venta de pescado crudo y frito, Paula tiene 45 años de edad y su negocio es la venta de tortilla y Ana tiene 28 años de edad y su negocio es la venta de comida.

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
  • 172
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,250
    Funds lent in using Kiva
  • 25.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Mariposas De Los Solises Group's $875 loan helped a member to buy rice, beans, sugar, oil, beef, chicken, unripe and ripen bananas, cabbage, tomatoes, green bell peppers, onions, salt, firewood, cheese as well as creams and other cosmetics.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 25, 2013
Listed
Aug 17, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013