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Tilita Group
In this Group: Concepcion Del Socorro, Maria Del Socorro, Maria Sebastiana

Update on Tilita Group

This solidarity group is made up of three members who are successful in their work lives.

The coordinator is María del Socorro, who is 69 years old. Her business is the sale of spices and condiments, and she is the owner of a mill at her place of residence. She is requesting a loan to purchase a variety of spices, such as vinegar, pepper, clove, chamomile, annatto, etc. The previous loans have helped the borrower's self-improvement, which has allowed her to provide a better quality of life for her family.

The other members are María Sebastiana, who adds funds to Claro and Movistar cellphones and sells nacatamales, tortillas, ice, and ice cream in her community, and Concepción, who is 45 years old and has a small grocery store that she runs out of her home. The group has worked with the loan institution for 24 cycles and are an example of self-improvement.
View original language description ↓
El grupo solidario está integrado por tres socias exitosas en su vida laboral, coordinado por la señora María del Socorro de 69 años de edad, su negocio es la venta de especies, condimentos y propietaria de un molino en su domicilio, crédito lo solicita para la compra de diversidad de especies como es vinagre, pimienta, clavo de olor, manzanilla, achote, etc., los créditos anteriores le ha ayudado a la socia para su superación personal por lo que le ha permitido brindarle mejor calidad de vida a sus familia. Las otras socias son las señoras María Sebastiana de años dedicada a la venta de recargas claro y movistar, nacatamales, tortillas, hielo y helados en su comunidad, y Concepción de 45 años de edad, propietaria de una mini pulpería en su domicilio. Este grupo tiene 24 ciclos de estar trabajando con la institución y son un ejemplo de superación personal.

Previous Loan Details

This group is made up of four businesswomen, one of whom is 68-year-old María del Socorro. She is single and has three children. María has had a business selling spices and "pinolillo" (a cornmeal and cacao drink) for ten years. She has been a member of the communal bank for five years. María... More from Tilita 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
  • 91
    View loans »
    Nicaragua Loans Fundraising
  • $25,013,050
    Funds lent in using Kiva
  • 27.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Tilita Group's $2,400 loan helped a member to purchase spices.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
May 8, 2014
May 24, 2014
Currency Exchange Loss:
Feb 17, 2015