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Almendrito Group
In this Group: Patricia, Jenny , Argentina De Los Angeles , Maritza Bonifacia

Update on Almendrito Group

The group is made up of 4 determined members, one of whom is 30-year-old Patricia, who is married with a young child. She runs a grocery shop from her home and has been selling fruit and vegetables for 15 years. She will soon have been a client of the institution for 4 years. She is applying for the loan to buy basic grains such as rice and sugar, oil, washing powder, toilet paper, coffee, soft drinks, etc. Argentina is a woman of 31 who sells Avon cosmetics, Maritza is a woman of 48 who sells new clothing and runs a small grocery shop and Jenny is a woman of 33 who sells vegetables.
View original language description ↓
Grupo Formado por cuatro socias luchadoras una de ellas es Patricia mujer de 30 años de edad, casada, con un hijo menor, su negocio es una pulpería ubicada en su domicilio y venta de frutas y verduras desde hace 15 años, tiene de ser cliente de la institución 4 años. El crédito lo solicita para la compra de granos básicos como arroz, azúcar, aceite, jabón de lavar ropa, papel higiénico, café, gaseosas, etc. Argentina mujer de 31 años su negocio es la venta de cosméticos por catálogo de Avon, Maritza mujer de 48 años su negocio es la venta de ropa nueva y una mini pulpería y Jenny mujer de 33 años su negocio es venta de verduras.

Previous Loan Details

The group "Almendrito" (Little Almond Tree) consists of three hardworking and enterprising women. Patricia has been selling fruits and vegetables for 20 years at one of the markets in Managua. She will buy merchandise such as oranges, lemons, tangerines, cassava, squash, and other produce. ... More from Almendrito 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
  • 76
    View loans »
    Nicaragua Loans Fundraising
  • $25,413,450
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Almendrito Group's $1,250 loan helped a member to buy basic grains such as rice and sugar, oil, washing powder, toilet paper, coffee, soft drinks, etc.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Sep 19, 2013
Oct 18, 2013
Currency Exchange Loss:
Apr 16, 2014