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Las Musas Group
In this Group: Brenda, Carmen, Lina Mayra

Update on Las Musas Group

This group is made up of three enterprising members, one of whom is Lina. She is forty-two, is separated, and has two children that depend on her. They are twenty-one and ten. She has had a bookstore for two years, and it is located in her community. Her older daughter helps her attend to their customers. She has been with ADIM for one year. She is requesting this loan to buy printer ink, college notebooks, pens, graphite pencils, colored pencils, rulers, reams of paper, etc. Carmen is forty-eight and has a business selling nacatamales. Brenda is thirty and has a business selling used clothing.
View original language description ↓
Este grupo está formado por tres socias emprendedoras una de ellas es Lina mujer de 42 años de edad, separada, con dos hijos que dependen de ella de 21 y 10 años. Su negocio es una librería desde hace 2 años ubicada en su comunidad, su hija mayor le ayuda a atender a los clientes. Tiene de ser cliente de la institución 1 año. El crédito lo solicita para comprar tinta para la impresora, cuadernos universitarios,lapiceros, lapiz de grafitos, lapiz a colores, libretas de apuntes, reglas, remas de papel, etc. Carmen mujer de 48 años de edad y su negocio es la venta de nacatamales y Brenda mujer de 30 años de edad y su negocio es la venta de ropa usada.

Previous Loan Details

This communal bank comprises three women entrepreneurs. Lina, 41, is a member and single mother. For two years, she has been selling new clothing, and she has a small bookstore. She used her previous loan to buy a variety of new items for inventory. She will use this loan to buy items for the boo... More from Las Musas 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
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $25,073,225
    Funds lent in using Kiva
  • 25.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Musas Group's $950 loan helped a member to invest in the purchase of printer ink, college notebooks. pens, graphite pencils, colored pencils, rulers, reams of paper, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 4, 2013
Aug 17, 2013
Currency Exchange Loss:
Jan 18, 2014