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Alfarero Group
In this Group: Irene, Heydi, Fabiola, Emma

Update on Alfarero Group

This group is made up of four members. Among them is Irene. For the last seven years she has sold silver jewelry and unisex clothes for adults and children. She is 40 years old, married and has two children, ages 1 and 23. She is asking for this loan to buy items such as silver earrings, watches, silver rings, silver chains, and various clothes for adults such as pants, shirts, underwear, etc. Fabiola sells ice cream, beer and sandals. Heydi sells clothing door-to-door. Emma sells food and drinks from her home.
View original language description ↓
Grupo formado por cuatro socias emprendedora una de ellas es Irene desde hace 7 años vende prendas de platas, ropa unisex de adultos y niños, tiene 40 años cuenta con dos hijos una de 1 año y el otro de 23 años respectivamente, es casada y solicita el crédito para invertir en la compra de productos de prendas como aretes de plata, pulseras de platas, anillos de platas, cadenas de platas, ropa variada de adulto como pantalón de varón, pantalón de mujer, camisas de dama, camisa de varón, ropa interior de caballeros, ropa interior de damas etc. Fabiola vende helados de eskimo, cervezas y sandalias, Heydi vende ropa ambulante y Emma vende comida y refrescos naturales en su domicilio.

Previous Loan Details

The Alfarero Communal Bank is made up of three hardworking and enterprising people. One of them is Irene, who has been selling cosmetics for six years and has a small store, which she has gradually been expanding. The other members are Fabiola, who sells Eskimo ice cream products and beer and Hey... More from Alfarero 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
  • 47
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Alfarero Group's $2,275 loan helped a member to buy items such as silver earrings, watches, silver rings, silver chains, and various clothes for adults such as pants, shirts, underwear, etc.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Jan 25, 2013
Mar 1, 2013
Currency Exchange Loss:
Dec 20, 2013