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El Mondonguito Group
In this Group: Theyling Carolina , Juana De La Cruz , Marling Carina, Nidia Esperanza, Fátima Selena
This group is made up of five hardworking members and is coordinated by Juana. She is 40 years old, married and has two children. She has been selling soups out of her home for 10 years and is asking for this loan to buy beef, tripe, peppers, onions, garlic, squash, chayote, etc. Nildia, age 55, is also part of the group and sells fruits and perishables in the city market. Marling is 23 and sells baked goods and nacatamales on the weekends. Fatima sells cosmetics out of her home. Theyling is 22 and sells fried foods out of her home.
View original language description ↓
El grupo solidario está integrado por cinco socias esforzadas en sus labores cotidianos, coordinado por la señora Juana, de 40 años de edad acompañada y con dos hijos, vende sopas en el domicilio con 10 años de experiencia en este negocio, y el crédito lo solicita para la compra de carne de res, mondongo, chiltoma, cebolla, ajo, ayote, chayote, etc. El grupo también lo integran la señora Nidia 55 años de edad comerciante de frutas y perecederos en el mercado municipal; señora Marling de 23 años de edad vende cosa de horno a diario y nacatamales los fines de semana; la señora Fátima comercializa cosméticas a domicilio y la señora Theyling con 22 años de edad se dedica a la venta de fritanga en su domicilio.

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
  • 110
    View loans »
    Nicaragua Loans Fundraising
  • $24,832,275
    Funds lent in using Kiva
  • 27.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of El Mondonguito Group's $1,200 loan helped a member to buy ingredients.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2014
Listed
May 22, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014