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Moises Group
In this Group: Maria Teresa , Gabriela Guadalupe, Dora

Update on Moises Group

The Moises group is made up of three hard-working members who are described as fighters. One of them is Maria Teresa, who is 37 years old and married. Her business is selling food, stationery and small computer accessories. She has been working at her business for five years.

Maria Teresa has been a client of the field partner for one year, and she is described as a person who has shown herself to be responsible with her loan payments. The group is requesting a new loan to buy clothing and other merchandise such as pants, blouses, shirts, T-shirts, shorts, calculators, folders and pencils.

Dora is 50 years old and her business is a dressmaking shop. Gabriela is 27 years old and has a business selling new clothing.
View original language description ↓
El grupo está formado por tres socias luchadoras y trabajadoras una de ellas se llama María Teresa mujer de 37 años, casada, su negocio es la venta de comida y accesorios de cyber papelería, tiene de dedicarse a esta actividad económica 5 años, es cliente de la institución desde hace 1 año, lo cual ha demostrado ser una persona responsable en sus cuotas. Solicita un crédito nuevamente para la compra de mercadería de ropa como pantalones, blusas, camisas, camisetas, shores, calculadoras, folders, lapiceros, etc. Dora tiene la edad de 50 años, su negocio es un taller de costura y Gabriela tiene 27 años su negocio es la venta de ropa nueva.

Previous Loan Details

This group has three members, one of whom is 36-year-old María. She has a partner and four children, aged fourteen, eleven, eight and four years old. She has a business selling food from her home and sells stationery products. María has been with the communal bank for a year and she manages he... More from Moises 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.

Tags

About Nicaragua

  • $3,636
    Average annual income
  • 85
    View loans »
    Nicaragua Loans Fundraising
  • $23,717,225
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Moises Group's $1,475 loan helped a member to buy clothing and other merchandise such as pants, blouses, shirts, T-shirts, shorts, calculators, folders and pencils.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2013
Listed
Nov 18, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014