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El Billar Group
In this Group: Dina Isabel, María Auxiliadora , María De Los Ángeles
The Billar group is made up of three women who are hardworking, eager, and enterprising. One of them is María Auxiliadora R., the group’s coordinator. She has been selling clothing such as shirts, blouses, pants, jeans etc. for three years. She began with an investment of 2,000 córdobas in the business, but now it is larger because she has a regular clientele.

The other members of the group are Dina Isabel R. R. who has been selling clothing and shoes since 2003, and María de los Ángeles L. Calero who began selling drinks at the age of 17, and now has her own refreshment stand.

The dream of the three women is to improve their businesses, have their own stalls, and buy other products to sell. R., for example, would like to have a store, Lezema a bakery, and R. just wants to get on in life. For these reasons, they are putting into practice the knowledge they have gained through Kiva partner Adim’s training programs.
View original language description ↓
El grupo el Billar lo conforman tres féminas trabajadoras, esforzadas y emprendedoras una de ellas es María Auxiliadora R., coordinadora del grupo, ella se dedica al comercio de ropa como camisas, blusas, pantalones, jeans, etc. desde hace tres años. Este negocio lo inicio con 2,000 córdobas actualmente la inversión es mayor porque tiene una clientela fija.
Las otras integrantes de grupo son Dina Isabel R. R. quien a partir del 2003 comercializa ropa y calzado y María de los Ángeles L. Calero comenzó a los 17 años vendiendo fresco en la actualidad tiene su propia refresquería.
Las tres sueñan con mejorar sus negocios, tener su propio local e invertir en otros productos por ejemplo R. añora tener una tienda, Lezema desea llegar a tener una repostería y R. desea progresar. Es por ello que aplican los conocimientos adquiridos en las capacitaciones de Adim.

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

  • $4,800
    Average annual income
  • 71
    View loans »
    Nicaragua Loans Fundraising
  • $25,756,600
    Funds lent in using Kiva
  • 21.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of El Billar Group's $925 loan helped a member to buy clothing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 23, 2010
Jul 2, 2010
Currency Exchange Loss:
Jan 19, 2011