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Las Negras Group
In this Group: Elizabeth Del Carmen, Veronica Isabel, Yolanda Elizabeth

Update on Las Negras Group

The “Las Negras” group is composed of three hardworking, enterprising women. The group coordinator is Elizabeth del Carmen, 28, who is an itinerant vegetable and meat merchant. She’s been in business for about six years to continue improving and supporting her five children who are 12, 11, 6 and 2 years old and the youngest who is 7 months old.

With the previous loan in addition to increasing her inventory she managed to buy utensils, tables, baskets and scales. With this loan she plans to buy products, especially meat and vegetables, and continue improving the business.

The other group members are Yolanda, 21, who has a grocery store and Verónica, 24, who sells Avon products.
View original language description ↓
El grupo las Negras lo conforman tres mujeres trabajadoras y emprendedoras. La coordinadora del grupo es la señora Elizabeth del Carmen de 28 años quien es comerciante de verduras y carne de manera ambulante. Ella este negocio lo hace aproximadamente seis años para seguir mejorando y apoyar a sus cinco hijos de 12, 11, 6 y 2 años y el menor de 7 meses.
Ella con el crédito anterior además de incrementar su inventario logro comprar utensilios, mesas, canastos, balanzas. Con este crédito piensa invertir productos en especial carne y verduras y seguir mejorando el negocio.
Las otras integrantes son Yolanda de 21 años quien tiene una pulpería y Verónica de 24 años quien vende productos Avon

Previous Loan Details

The members of Las Negras group are three strong, hardworking, tenacious and cheerful women. Elizabeth del Carmen is the coordinator of the group: she is 28 years old, she is a street vendor and she sells cosmetics, sweets, clothes, shoes and so on; she works with her live-in partner, and their g... More from Las Negras Group's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 45
    View loans »
    Nicaragua Loans Fundraising
  • $26,251,375
    Funds lent in using Kiva
  • 23.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Negras Group's $1,100 loan helped a member to buy meat and vegetables.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Dec 19, 2011
Jan 9, 2012
Currency Exchange Loss:
Jul 23, 2012