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El Chilamate Ii Group
In this Group: Isolda Del Socorro, Leila Auxiliadora , Nereida Nohemi
This group is made up of three very enterprising people, one of whom is 43-year-old Leila. She has a partner and for 21 years she has a had a business selling aprons in Managua and Granada. Leila has been with the communal bank for two years. She needs this loan in order to buy supplies, such as Dacron material, bands, threads, small gems, zips, and more. Twenty-nine-year-old Nereida and 23-year-old Isolda both also have businesses selling aprons.
View original language description ↓
El grupo lo forman tres personas muy trabajadoras una de ellas es Leila mujer de 43 años, acompañada, su negocio es la venta de delantales en Managua y Granada desde hace 21 años, tiene de ser cliente de la institución 2 años. El crédito lo requiere para la compra de materiales como tela de dacron, tira, hilos, perlitas, zippers, otros. Isolda tiene 23 años su negocio es la venta de delantales, Nereida mujer de 29 años su negocio es la venta de delantales.

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.

Tags

About Nicaragua

  • $4,800
    Average annual income
  • 124
    View loans »
    Nicaragua Loans Fundraising
  • $24,557,075
    Funds lent in using Kiva
  • 25.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of El Chilamate Ii Group's $2,200 loan helped a member to buy supplies, such as Dacron material, bands, threads, small gems, zips, and more.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2013
Listed
Dec 20, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014