Check out some available loans that are similar to this one!
De Sol A Sol Group
In this Group: Rosa Isabel , Hugo Antonio, Maria Del Socorro

Update on De Sol A Sol Group

The group is made up of three enterprising members. One of them is María, 47. She's single and has sold new clothing for seven years. Her daughters, who are older and on their own, help her. She has been a client of the institution for seven years.

María needs the loan to buy dozens of pairs of women's pants, different styles of blouses, and children's outfits.

Rosa, 23, and Hugo, 27, both sell new clothing.
View original language description ↓
El grupo lo forman tres socios emprendedores uno de ellos es María mujer de 47 años de edad, soltera, su negocio es la venta de ropa nueva desde hace 7 años, sus hijas ya mayores e independientes le ayudan a vender ropa,tiene 7 años de ser cliente de la institucion. El crédito lo requiere para comprar por docenas pantalones de damas, blusas de diferentes estilos, trajes de niños, Rosa joven de 23 años su negocio es la venta de ropa nueva y Hugo tiene 27 años y su negocio es la venta de ropa nueva.

Previous Loan Details

The group is composed of three successful members, one of whom is Maria, a 47-year-old woman, single. Her business has been selling new clothes in a stall at the Masaya market for seven years. She started selling just underwear and later grew her business. She has been a client of this institutio... More from De Sol A Sol 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
  • 132
    View loans »
    Nicaragua Loans Fundraising
  • $24,053,975
    Funds lent in using Kiva
  • 25.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of De Sol A Sol Group's $1,150 loan helped a member to buy pants, blouses, and children's outfits.
100% repaid
Repayment Term
4 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2013
Listed
Sep 27, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013