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Las Luchadoras Group
In this Group: María Nela, Nohemi Del Socorro, Mercedes Del Socorro

Update on Las Luchadoras Group

“10 years ago I started selling rice pudding. Later I started selling a few products by order." says Marielena, 27. Now she sells various products, including clothes, shoes, perfume, cream, etc. Her main goal is to grow her business.

With the previous loan, she was able to buy 600 kilos of iron rods to do some home improvement.

The othe rmembers of this group are Mercedes de Socorro, who sells clothes, and Nohemi, who also sell clothes.
View original language description ↓
“Hace 10 años inicie vendiendo arroz de leche luego comencé a vender pocos productos con encargo” menciono Marielena de 27 años. En la actualidad ella se dedica al comercio de productos varios desde ropa, calzado, perfumes, cremas…etc. y su principal meta es aumentar el negocio.
Con el crédito anterior logro comprar tres quintales de hierro para mejorar la vivienda.
Las otras integrantes de este grupo son Mercedes de Socorro quien se dedica al comercio de ropa y Nohemi quien también vende ropa.

Previous Loan Details

The Las Luchadores group is made up of four hard-working and enterprising people. One of them is 27 year old María Nela who has been selling clothes, shoes, lotions, perfumes, etc for 7 years. She is married and has three children aged 5, 6 and 9. She works hard for them as she dreams that th... More from Las Luchadoras 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
  • 72
    View loans »
    Nicaragua Loans Fundraising
  • $25,767,775
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Luchadoras Group's $800 loan helped a member to buy clothing merchandise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Aug 8, 2012
Sep 17, 2012
Currency Exchange Loss:
Feb 15, 2013