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Concepcion Group
In this Group: Alma Nubia, Gladis, Rosa Argentina
The Concepción group is comprised of 3 hardworking, enterprising women. Their coordinator is Alma Nubia M. C., who has 26 years of experience buying and selling shoes. Currently she has a stand in the Masaya market and her goal is to have a big shoe store with all styles at a good price.

In this group Gladis V. R. also sells shoes, however she works in her house, offering credit to the people of the community, persons known to her and vouched for by others. The third member, Rosa Argentina S. O., works in a different, but no less lucrative field than her partners. She sells fried foods from her house, mostly at night and on the weekend. All three women will use the loan to buy merchandise and/or primary ingredients to continue growing their working capital.
View original language description ↓
El grupo Concepción está conformado por 3 mujeres trabajadoras, esforzadas y emprendedoras, su coordinadora Alma Nubia M. C. tiene 26 años de experiencia en la compra/venta de zapatos, actualmente tiene un tramo en el mercado de Masaya y su meta es tener una gran tienda con zapatos de todos los estilos y a un buen precio.

En éste grupo, Gladis V. R. también se dedica a la venta de zapatos, sin embargo ella realiza esta actividad en su casa de habitación ofreciéndolos en su mayoría al crédito a la gente de la comunidad, personas conocidas y recomendadas por sus familiares. La última integrante, Rosa Argentina S. O., tiene una actividad distinta a la de sus compañeras, pero no menos lucrativa, ella se dedica a la venta de fritangas; su puesto se encuentra en su casa de habitación y atiende principalmente por las noches y fines de semana. Todas ellas destinarán el crédito a la compra de mercadería y/o materia prima para seguir aumentando su capital de trabajo.

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
  • $26,432,925
    Funds lent in using Kiva
  • 21.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Concepcion Group's $525 loan helped a member purchase of merchandise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jul 31, 2010
Aug 19, 2010
Currency Exchange Loss:
Dec 15, 2010