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El Buen Triunfo Group
In this Group: Erlinda Filomena , Johana Raquel, Josefa Dolores
This group consists of three successful and entrepreneurial women. One of them is Erlinda, who is 65 years old and is married with two children under her care. She has made a living running a grocery store from her home for the past 5 years. She has been a client of this MFI for the past 3 years, during which she has shown herself to be very responsible in her loan payments. She is requesting this loan in order to buy basic supplies such as rice quintal, sugar, oil, toilet paper, fizzy drinks and other items.

The other members of the group are Johana, who is 21 years old and sells bread and Josefa, who is 34 years old and sells bread and nacatamales [Nicaraguan style tamales].
View original language description ↓
Grupo formado por tres socias emprendedoras exitosas una de ellas es Erlinda mujer de 65 años, casada, con dos hijos bajo su cargo, su negocio es una pulpería ubicada en su domicilio desde hace 5 años. Tiene de ser clientes de la institución 3 años lo cual ha demostrado ser una persona muy responsable en sus cuotas. El crédito lo requiere para la compra de granos básicos como quintal de arroz, azúcar, aceite, papel higiénico, gaseosas, otros. Johana tiene 21 años su negocio es la venta de pan y Josefa mujer de 34 años su negocio es la venta de pan y nacatamales.

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.

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

  • $3,636
    Average annual income
  • 79
    View loans »
    Nicaragua Loans Fundraising
  • $23,617,600
    Funds lent in using Kiva
  • 25.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of El Buen Triunfo Group's $875 loan helped a member to buy basic supplies such as rice quintal, sugar, oil, toilet paper, fizzy drinks and other items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2013
Listed
Dec 20, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014