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Jesus Salva Group
In this Group: Adilia Del Socorro, Betty De Los Angeles , Maria Isabel
This group comprises three enterprising members, one of whom is Adilia. She is 62 years old and single. She runs a business making and selling pastries. She has been working in this business for the past 50 years, selling her products in her local community. She will invest the requested loan in the purchase of ingredients, such as flour, eggs, cheese, sugar, cooking oil, butter, shortening, yeast, etc.

Betty is a young woman, 22 years old. Her business is the sale of cigars. And María, a young woman, 24 years old, also sells cigars.
View original language description ↓
Este grupo está conformado por tres socias emprendedoras una de ellas es Adilia mujer de 62 años de edad, soltera, su negocio es hace y vende repostería desde hace 50 años, sus productos los comercializa en su comunidad. El crédito lo solicita para invertir en la compra de materia prima como harina, huevo, queso, azúcar, aceite, mantequilla, manteca royal, levadura, etc. Betty joven de 22 años de edad, su negocio es la venta de puros y María joven de 24 años y su negocio es la venta de puros.

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
  • 76
    View loans »
    Nicaragua Loans Fundraising
  • $23,451,300
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Jesus Salva Group's $725 loan helped a member to purchase ingredients, such as flour, eggs, cheese, sugar, cooking oil, butter, shortening, yeast, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 10, 2013
Listed
Aug 17, 2013
Currency Exchange Loss:
Covered
Ended:
Feb 17, 2014