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Constructoras Group
In this Group: Martha, Jacqueline De Los Angeles , Rosa Argentina

Update on Constructoras Group

Martha is one of the three members of this group. She is 32, has a common-law husband and five children in her care. She sells food for a living and has a stand located at Kilometer 14 where she has been in business for three and a half years. She has been a client of the institution for a year; and the loan she is requesting is to buy basic staples such as rice, oil, beans, meat, chicken, pork, onions, peppers, tomato and garlic. For breakfasts, she will buy tortillas and sour cream.

Jacqueline, 39, sells pastry and Rosa, 34, has a grocery store.
View original language description ↓
Martha es una de las tres integrantes que forma este grupo solidario, tiene la edad 32 años, acompañada, con cinco hijos bajo su responsabilidad, su negocio es la venta de comida en un puesto que tiene ubicado en el km 14 desde hace 3 años y medio. Tiene de ser cliente de la institución 1 año, el crédito lo está solicitando para la compra de granos básicos como arroz, aceite, frijoles, carne de res, carne de pollo, carne de cerdo, cebolla, chiltoma. Tomate, ajo, para el desayuno compra de tortillas y leche agria. Jacqueline tiene la edad de 39 años su negocio es la venta de repostería y Rosa mujer de 34 años su negocio es una pulpería

Previous Loan Details

Las Constructoras Group is comprised of three hard-working, enterprising persons. The coordinator of the group is Martha María. She is 31 years old and has had a food sales business for two and a half years. She will invest the loan in the purchase of basic grains, meat, chicken . . . etc. She... More from Constructoras 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
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $25,083,125
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Constructoras Group's $1,725 loan helped a member to buy food ingredients.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 9, 2013
Nov 19, 2013
Currency Exchange Loss:
May 17, 2014