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El Espino Group
In this Group: Vilma, Silvia, Isamar Dolores

Update on El Espino Group

This group consists of three successful members. One of them is Vilma. She is 56 years old and she is married. She has made a living selling food for the past 6 years. She has been a client of this MFI for the last 6 years, during which she has shown herself to be very responsible in her monthly payments. She is once more requesting a loan in order to invest in buying tamarind harvest.

The other members of the group are Isamar, who is 20 years old and makes a living making pans and Silvia, who is 24 years old and makes a living selling tortillas.
View original language description ↓
Grupo formado por tres socias exitosas una de ellas es Doña Vilma tiene la edad de 56 años, casada, su negocio es la venta de comida desde hace 6 años. Tiene de ser cliente de la institución 6 años. Lo que ha demostrado ser una persona muy responsable en sus cuotas. Requiere nuevamente un crédito para invertir en la compra de cosecha de tamarindo. Isamar tiene 20 años su negocio es la elaboración de sartenes y Silvia tiene 24 años su negocio es la venta de tortillas.

Previous Loan Details

This group consists of three enterprising women. One of them is Vilma who is 56-years-old and married. Her business for the last 6 years has been selling food at home. She’s been a client of the institution for six years and she’s requesting the loan to buy chickens, rice by the quintal, banan... More from El Espino 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
  • 101
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,450
    Funds lent in using Kiva
  • 25.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of El Espino Group's $1,250 loan helped a member to invest in buying tamarind harvest.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Nov 22, 2013
Dec 20, 2013
Currency Exchange Loss:
May 17, 2014