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Francisca Group
In this Group: Julia, Junieth, Gema, Juana
The “Francisca” group is composed of four hardworking women. One of them is Julia, group Coordinator. She has been making “rosquillas” (traditional cookies) and pastries for the last ten years. She will use the loan to buy raw materials: corn, caramel, cheese, etc. needed for the production of this traditional snack.

The other group members are Juana who has been selling cosmetics for the last two years, Gema Guadalupe who has been selling pastries for the last two years and Junieth who sells pastries.
View original language description ↓
El grupo Francisca lo conforman cuatro mujeres trabajadoras una de ellas es la señora Julia coordinadora del grupo. Ella se dedica a la realización de rosquillas y repostería desde hace 10 años. Ella con el crédito comprara materia prima maíz, cuajada, dulce…etc. necesario para la producción de este tradicional bocadillo.

Las otras integrantes son Juana quien vende cosméticos desde hace 2 años, Gema Guadalupe quien vende repostería desde hace 2 años y Junieth vende repostería.

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
  • 56
    View loans »
    Nicaragua Loans Fundraising
  • $26,430,500
    Funds lent in using Kiva
  • 22.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Francisca Group's $1,375 loan helped a member to buy raw materials and ingredients.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Aug 11, 2011
Sep 6, 2011
Currency Exchange Loss:
Feb 15, 2012