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Luz Del Esfuerzo Group
In this Group: Vilma, María , Martha Lorena

Update on Luz Del Esfuerzo Group

This group consists of 3 entrepreneurial partners, one of them is María, 58 years old, married and mother of 5 children. During the last 4 years, she has been selling detergent in bulk at the market in the city of Jinotepe. María has been a member of the organization for 6 years. She is requesting this loan to buy products such as toilet paper, dish soap, laundry detergent, tooth paste, powder detergent in bulk, bleach in bulk, boxes of shampoo sachets, etc.

The other members of the group are Vilma and Martha. Vilma is 59 years old and she sells tortillas and “nacatamales” (steamed meat and vegetable pastries, cooked in banana or maize leaves), while Martha is 31 years old, and she sells detergent, bath soap, tooth paste, bleach, laundry detergent and dish soap.
View original language description ↓
El grupo lo conforman tres socias emprendedoras una de ellas María mujer de 58 años de edad, casada, con 5 hijos bajo su cargo, su negocio es la venta de detergente desde hace 4 años, sus productos los comercializa en el mercado de Jinotepe, Es cliente de la institución desde hace 6 años. El crédito lo requiere para comprar productos como papel higiénico Scott, jabón de lavar trastes, jabón de lavar ropa ámbar, pasta dental, ace por bolsón, cloro por bolsón, cajas de sobres de shampoo, etc. Vilma mujer de 59 años su negocio es la venta de tortillas y nacatamales y Martha mujer de 31 años su negocio es la venta de detergente, jabon de baño, pasta dental, cloro, jabon de lavar ropa, jabon de lavar trastes.

Previous Loan Details

This group is made up of 3 successful entrepreneurs, one of which is María. María is 58 years old and has 5 older children. She has 4 years selling detergent and bathroom soap in bulk. She began her business after she sold plantains. She will invest this loan in the purchase of detergent in bulk ... More from Luz Del Esfuerzo 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

  • $4,800
    Average annual income
  • 91
    View loans »
    Nicaragua Loans Fundraising
  • $25,011,000
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Luz Del Esfuerzo Group's $1,225 loan helped a member to buy products such as toilet paper, dish soap, laundry detergent, tooth paste, powder detergent in bulk, bleach in bulk, boxes of shampoo sachets, etc.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Sep 10, 2013
Oct 17, 2013
Currency Exchange Loss:
Jun 17, 2014