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El Triangulo Group
In this Group: Maria Felix , Ileana Isabel , Ada De Los Angeles
This committed group is made up of three hardworking women coordinated by 58-year old Sra. María Félix who has owned a sewing business located in her home for 28 years. Most of her products are sold in the municipal hospital.

The loan María Félix is seeking will be used to buy fabric and elastic, and to service her sewing machine.

The other members of the group are 22-year old Sra. Ileana who sells cosmetics to people in her community, and 41-year old Sra. Ada who has sold clothing in her community for eight years.
View original language description ↓
Grupo solidario integrado por tres socias laboriosas, es coordinado por la señora María Félix de 58 años de edad, propietaria de un taller de costura en su domicilio desde hace veintiocho años, sus productos los comercializa principalmente en el hospital de la municipalidad, el crédito lo solicita para la compra de telas, elásticos, y darle mantenimiento a la maquinaria. Otra de las socias, es la señora Ileana de 22 años de edad dedicada a la venta de cosméticos a los pobladores de su comunidad, y la señora Ada de 41 años de edad comerciante de ropa en su comunidad desde hace ocho años.

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.

About Nicaragua

  • $3,636
    Average annual income
  • 131
    View loans »
    Nicaragua Loans Fundraising
  • $24,054,525
    Funds lent in using Kiva
  • 26.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of El Triangulo Group's $700 loan helped a member buy fabric and elastic, and to service her sewing machine.
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:
Jan 17, 2015