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Braulio Group
In this Group: Norma Del Socorro, Martha Lorena, Alvaro
This group is composed of three members who are successful entrepreneurs. One of them is Norma, 40, who is married and has a 15-year-old son. Norma has been selling tamarind, mamón [a fruit from the soapberry family], avocado and mango for six years.

She has been a client of the institution for five years and is now requesting a loan to buy mamón, avocado and mango. The other members are Álvaro, 37, who sells aprons and Martha, 31, who sells fruits and vegetables.
View original language description ↓
Este grupo está formado por tres socios empresarios de éxitos una ellas es Norma mujer de 40 años de edad, casada con un hijo menor de 15 años. Su negocio es la venta de cosechas de tamarindo, mamon, aguacate y mango desde hace 6 años. Tiene de ser cliente de la institución 5 años. El crédito lo solicita para la compra de cosecha de mamon, aguacate y mango. Álvaro hombre de 37 años de edad su negocio es la venta de delantales y Martha mujer de 31 años y su negocio es la venta de frutas y verduras.

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
  • 150
    View loans »
    Nicaragua Loans Fundraising
  • $23,163,975
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Braulio Group's $2,100 loan helped a member to buy tamarind, avocado, mamón and mango to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 4, 2013
Listed
Aug 17, 2013
Currency Exchange Loss:
Covered
Ended:
Mar 17, 2014