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El Pozo Group
In this Group: Yajaira Del Carmen , Cruz Celina , María Epifania

Update on El Pozo Group

The group "El Pozo" is comprised of three working women, one of whom is Mrs. Yajahira del Carmen. From a very young age she has worked selling just about anything in order to get ahead. Currently she runs a popular restaurant that serves fried foods. She also sells pork dishes (nacatamales, moronga, and chicharrones), as well as corn dishes (elote, atol, tamal, yoltamal, etc.).

She plans to use the loan to buy products for her business such as corn, fireword, pork, meat, bananas, chicken, etc.

The other two members are Cruz Celina, who sells firewood and leaves, and María, who has been making crafts for 25 years.
View original language description ↓
El grupo El pozo lo conforman tres personas trabajadoras una de ellas es la señora Yajahira del Carmen ha trabajado desde muy joven vendiendo de todo un poco con el fin de salir adelante. Actualmente tiene una fritanga, restaurante popular que consiste en comida frita. Además comercializa los derivados del cerdo (nacatamales, moronga, chicharrones) y derivados del maíz (elote, atol, tamal, yoltamal…etc.)
Ella invertirá el crédito en productos para el negocio maíz, leña, cerdo, carne, plátano, pollo…etc.
Las otras dos integrantes son Cruz Celina quien vende leña y hojas y María la cual desde hace 25 años elabora artesanías.

Previous Loan Details

This group calls the village of Niquinohomo, part of the city of Masaya, home. These three women all work in the same business: clothing and spice sales. They sell in the northern region of the country, in cities including Matagalpa, Estela and Somoto. They have known each other for many years an... More from El Pozo 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
  • 44
    View loans »
    Nicaragua Loans Fundraising
  • $26,295,350
    Funds lent in using Kiva
  • 23.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of El Pozo Group's $2,375 loan helped a member to buy products for her business, especially corn, firewood, pork, meat, bananas, oil, etc.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Mar 29, 2012
Apr 25, 2012
Currency Exchange Loss:
Dec 15, 2012