Santa Martha Group
Update on Santa Martha GroupThis group is comprised of 3 enterprising members, one of whom is Jazmina, a 33 year old woman who has a partner and 4 children in her care. Her business is selling hojuela pastries in the street, and she has been doing this for 20 years. She has been a member of the Institution for 7 years during which time she has shown herself to be a responsible person. The loan that she is requesting will be used to by raw materials for making the hojuelas such as flour, oil, wood, bags, wrapping paper, transparent plastic, sugar, cinnamon, etc. The other members are Lidia, a 38 year old woman who makes textile crafts and María, a 34 year old woman who sells hojeulas in the street.
Previous Loan DetailsThis group is formed by three enterprising women born in the cradle of Nicaraguan folklore. One of them is Jazmina, a 33 year-old woman who has four young children. For the past 20 years she has earned a living selling a pastry called "hojuelas" in parks and markets in her city. She has been ... More from Santa Martha Group's previous loan »
About ADIMLocated 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.
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Success!! The loan was 100% repaid