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Las Fresitas Group
In this Group: Rosa Emilda, Karla Francis , Elida De La Cruz

Update on Las Fresitas Group

Karla is the coordinator of the support group. She is 32 years old and has a partner and a 3-year-old boy. She makes a living selling new clothing in her local community.

This is why she needs the loan, to buy women's blouses, men's shirts, men's and women's jeans, vest tops, Lycra clothing, bras and other items. With the previous loan she was able to increase her stock and therefore her profits. This time her focus is to increase her stock to increase her profits so she can carry out some home improvements, in order to give her son a better quality of life.

Another of the members is 57-year-old Rosa, who sells clothing in another country. She buys clothing in the largest market in the capital and takes it to sell in a neighbouring country, as well as selling some of it in her home. 23 year old Elidad is also a member and she stitches shoes in the municipal market. This is how these women strive on a daily basis to provide for their families and make sure their children have enough to eat every day.
View original language description ↓
El grupo solidario está coordinado por la señora Karla, mujer trabajadora de 32 años de edad, acompañada y madre de un niño de 3 años, se dedica a la venta de ropa nueva en su comunidad, por este motivo requiere el crédito para la compra de blusas de damas, camisas de caballeros, jean de damas, jean para caballeros, talladores, licras, brazier, y más, con el crédito anterior logró aumentar la mercadería y por ende las ganancias, teniendo como enfoque esta vez aumentar la mercadería para aumentar las ganancias y así hacer mejoras en su hogar, de manera que le ofrecerá a su hijo mejor calidad de vida. Otra de las socias es la señora Rosa de 57 años comerciante de ropa en el extranjero, compra la ropa en el mercado más populo de la capital y lo lleva a vender al país vecino y otra parte en su domicilio, y la señora Elidad de 23 años dedicada a cocer zapatos en el mercado municipal. Es así como estas mujeres luchan cada día para sostener a su familia y que a sus hijos no les haga falta el pan de cada día.

Previous Loan Details

Karla, 31, is one of the three members of the group. She's married and her business for the past year and a half has been selling clothing in the free-trade zone. Karla needs the loan to stock her inventory and buy a variety of clothing such as men's and women's pants, shirts, t-shirts, blous... More from Las Fresitas 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
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $25,413,450
    Funds lent in using Kiva
  • 25.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Fresitas Group's $1,100 loan helped a member to buy women's blouses, men's shirts, men's and women's jeans, vest tops, Lycra clothing and bras.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Mar 21, 2014
Apr 25, 2014
Currency Exchange Loss:
Nov 17, 2014