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Eduardito Group
In this Group: Xiomara Antonia , Xiomara Estela , Fatima Del Socorro
This group is made up of three successful micro-enterprise partners. One of them is Fátima. She is 49 years old and is married with 2 grown children. Her business is a taxi service which she has had for 6 years. She employs a driver. She has been a client of this financial institution for 8 years. She is requesting the loan to invest in changing tyres and oil etc.

Xiomara is a 48 year old woman who sells Avon and Arabela products in a student kiosk. Xiomara Antonio is a 30 year old woman who sells electro-domestic products and silver jewelry.
View original language description ↓
El grupo está conformado por tres socias microempresarias de éxitos una de ellas es Fátima mujer de 49 años de edad, casada, con dos hijos adultos, su negocio es servicio de taxi desde hace 6 años. Le paga a un cadete, es cliente de la institución desde hace 8 años. El crédito lo solicita para la inversión de cambio de llantas, cambio de aceite, etc. Xiomara mujer de 48 años de edad su negocio es vender productos Avon, Arabela y vender en un kiosco estudiantil Y Xiomara Antonia mujer de 30 años se dedica a la venta de electrodoméstico y prendas de plata.

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.

Tags

About Nicaragua

  • $3,636
    Average annual income
  • 146
    View loans »
    Nicaragua Loans Fundraising
  • $24,071,325
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Eduardito Group's $2,225 loan helped a member el crédito lo solicita para la inversión de cambio de llantas, cambio de aceite, etc.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2013
Listed
Sep 27, 2013
Currency Exchange Loss:
Covered
Ended:
May 17, 2014