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Colibri Group
In this Group: Darling Johanna, Aurora Concepción , Ericka Patricia
This group has three hard-working members, and is coordinated by 28-year-old Darling. She has a partner and makes a living selling beans in bulk at the municipal market. Beans are one of the most sought-after products locally. This loan will be used to buy a hundredweight of beans.

The other members of the group are 51-year-old Aurora who has owned a carpentry workshop in her home for five years, and 23-year-old Ericka, owner of a sewing workshop that she runs out of her home. Ericka inherited this workshop from her father, and works with her two brothers.
View original language description ↓
Grupo solidario integrado por tres socias laboriosas y coordinado por la señora Darling de 28 años de edad, acompañada, se dedica a la venta de frijol al por mayor en el mercado de la municipalidad, este es uno de los productos más demandado por la población, el crédito lo solicita para la compra de quintal de frijol. Las otras socias son las señoras, Aurora de 51 años de edad propietaria de un taller de carpintería en su domicilio desde hace cinco años, y Ericka de 23 años de edad, propietaria de un taller de costura en su domicilio, el cual fue heredado por su papa y trabaja con sus dos hermanos.

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.

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About Nicaragua

  • $3,636
    Average annual income
  • 116
    View loans »
    Nicaragua Loans Fundraising
  • $23,737,400
    Funds lent in using Kiva
  • 26.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Colibri Group's $2,100 loan helped a member to buy a hundredweight of beans.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2014
Listed
Jul 3, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014