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Alfa Y Omega Group
In this Group: Maria Alcadia, Liliam De Los Reyes , Angela Del Carmen

Update on Alfa Y Omega Group

This group is comprised of three determined women, one of whom is María. She is 50 years old, married and has two children in her care. She sells beans, tortillas and nacatamales from home where she has been in business for 16 years.

María has been a client of the institution for six years, and she is requesting a new loan to buy firewood, twine and food ingredients such as corn, beans, leaves, pork, potatoes, rice, annatto seed, sour orange, etc. She has been very responsible in paying back her loans.

Lilliam, 44, sells cosmetics and second-hand clothing and Ángela, 58, has a scrap metal business.
View original language description ↓
Grupo Formado por tres personas luchadoras una de ellas es María mujer de 50 años, casada, con dos hijos bajo su cargo, su negocio venta de frijoles, tortillas y nacatamales, comercializa sus productos desde hace 16 años en su domicilio. Tiene de ser cliente de la institución 6 años, está solicitando crédito nuevamente para la compra de materia prima como es maíz, leña, quintal de frijoles, hojas, cerdo, mecate, papa, arroz, achote, naranja agria, etc. Ha sido una persona muy responsable en cada una de sus cuotas. Lilliam mujer de 44 años su negocio es la venta de cosméticos y ropa usada, Ángela mujer de 58 años su negocio es la venta de chatarra.

Previous Loan Details

This group's three members are all successful entrepreneurs. One of them is 50-year-old María who is married and has two adult children. Her business is making and selling tortillas, baked beans and tamales. She has been in this business for the past 16 years and has been a client of the insti... More from Alfa Y Omega 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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $25,382,700
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Alfa Y Omega Group's $2,100 loan helped a member to buy firewood, twine and food ingredients.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 13, 2013
Dec 20, 2013
Currency Exchange Loss:
Jun 17, 2014
This photo was used before for a previous loan for Alfa Y Omega Group. It was first posted on Kiva on Jun, 2013. Learn More