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Concepcion Group
In this Group: María, Rosalia, Degsy
The members of the Concepción group are María Concepción, Rosalía and Degsy Scarleth who are hard-working, entrepreneurial women from Managua. This group has been working with Adim for eight loan cycles and they have had three Kiva loans which they have used to grow their businesses.

The group's coordinator is 64 year-old Concepción who decorates and makes handicrafts. She has been doing this since she was young and, over time, she has perfected her skills. For more than 32 years, she has owned a small sewing and decorations business. Over the last two years, she has taken on a new challenge, making piñatas. She will invest her loan money in this business, buying materials such as clay pots, newspaper, white glue, crepe paper, piñata sticks, etc.

30 year-old Rosalía sells new and used clothes and cosmetics and 29 year-old Degsy also sells clothes and cosmetics.
View original language description ↓
El grupo Concepción está conformado por María Concepción, Rosalía, Degsy Scarleth mujeres trabajadoras y emprendedoras originarias de Managua. Este grupo tiene ocho ciclos de trabajar con Adim y han tenido tres préstamos en kiva en los cuales sus negocios han ido creciendo.
La coordinadora del grupo es la señora Concepción de 64 años se dedica a la decoración y las artes manuales actividad que realiza desde joven y con el tiempo ha perfeccionado. Ella por más de 32 años tiene un pequeño negocio de costura y decoración en los cuales los últimos dos años emprendió un nuevo reto que es la realización de piñatas en la cual invertirá el crédito con la compra de materiales como hoya de barro, papel de periódico, pegamento blanco, palillo, papel crepe, palos…etc.
Mientras Rosalía de 30 años se dedica al comercio de ropa usada y nueva y cosméticos, y Degsy de 29 años también comercializa ropa y cosméticos.

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
  • 41
    View loans »
    Nicaragua Loans Fundraising
  • $26,410,775
    Funds lent in using Kiva
  • 22.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Concepcion Group's $775 loan helped a member to make piñatas.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 11, 2011
May 20, 2011
Currency Exchange Loss:
Nov 16, 2011