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Las Tres Rosas Group
In this Group: Elvira, Dominga, Victoria

Update on Las Tres Rosas Group

This group is composed of three successful and entrepreneurial women. One of them is Elvira, 51 years old, and for 8 years she has had a business selling soft drinks of various flavors and sizes, as well as snacks in her home. She has been a client of the institution for 7 consecutive years, demonstrating that she is responsible in the payment of her loans. She will invest the loan in the purchase of products such as soft drinks of 6 ounces, half liter, three liters, 2.5 liters, cookies, juices, fruits, etc.

Victoria is 59 years old and has a mini market in her home, and Dominga is 69 years old and sells pinol, tamales, pinolillo, etc. [Pinol and pinolillo are sweet corn-based traditional drinks]
View original language description ↓
Este grupo está formado por tres socias emprendedoras de éxito una de ellas es Elvira, acompañada, 51 años de edad y desde hace 8 años su negocio es la venta de gaseosas variados sabores y tamaño, también chiverías en su domicilio, tiene de ser cliente de la institución 7 años consecutivos demostrando ser responsable en sus pagos de los créditos. El crédito lo invertirá en la compra de productos de gaseosas de 6 onzas, medio litro, tres litros, 2.5 litros, galletas, jugos, frutas etc. Victoria tiene 59 años de edad y tiene una pulpería en su domicilio y Dominga tiene 69 años de edad y vende pinol, tamales, pinolillo etc.

Previous Loan Details

The Tres Rosas group is made up of three hardworking and enterprising women. One of them is Elvira. She is 50 years old and has a small cafe in the park. The products most in demand are soft drinks and yogurts, in she will invest the loan. The other members are Victoria, who has a store and Do... More from Las Tres Rosas 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
  • 65
    View loans »
    Nicaragua Loans Fundraising
  • $25,754,375
    Funds lent in using Kiva
  • 24.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Tres Rosas Group's $2,475 loan helped a member to buy soft drinks in various flavors and sizes such as 6-oz sodas, half liter, 3 liters, 2.5 liters, cookies, juices, fruits, etc.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Feb 8, 2013
Apr 1, 2013
Currency Exchange Loss:
Oct 17, 2013