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Buen Pastor Group
In this Group: Isabel, Melida, Damarís

Update on Buen Pastor Group

This group is made up of three hardworking and enterprising women. Isabel is one of them; she is 50 years old, married, and has a 31 year old daughter. She has been selling used clothing, food, fruits, and drinks for 20 years. He daughter and she run the business and she has been working with the institution for nine years. She needs this loan to buy a pack of used clothing, and supplies to make her food, such as rice, firewood, beans, cooking oil, charcoal, cheese, beef, pork, plantains, bags, and butcher paper. Melinda, 45 years old runs a store out of her home; and Damaris, 34 years old, sells recarga, chiverías, soft drinks, ice, and water
View original language description ↓
Este grupo lo conforman tres mujeres luchadoras y emprendedoras una de ellas es Isabel mujer de 50 años de edad casada, con una hija de 31 años, su negocio es la venta de ropa usada, venta de comida, frutas y frescos desde hace 20 años su hija y ella son las que se encargan del negocio, tiene 9 años de ser cliente de la institución, el crédito lo requiere para compra de paca de ropa usada y materia prima para la elaboración de la comida como es arroz, leña, frijoles, aceite, carbón, queso, carne de res, carne de cerdo, carne de pollo, plátanos, bolsas, papel de comida. Melida mujer de 45 años de su negocio es una pulpería en su domicilio y Damaris mujer de 34 años de edad y su negocio es la venta de recarga, chiverías, gaseosa, hielo y agua.

Previous Loan Details

The "Buen Pastor" (Good Pastor) group is made up of three hard-working and enterprising people. One of them is Isabel, who has made a living selling food and vegetables for 20 years. She will invest the loan in the purchase of merchandise. With her previous credit, she was able to make improve... More from Buen Pastor 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

  • $3,636
    Average annual income
  • 105
    View loans »
    Nicaragua Loans Fundraising
  • $24,397,050
    Funds lent in using Kiva
  • 25.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Buen Pastor Group's $1,850 loan helped a member to buy ingredients.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2013
Listed
Sep 27, 2013
Currency Exchange Loss:
Covered
Ended:
Feb 17, 2014