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Malinche Group
In this Group: Nester Antonio, Rosa Amanda, Maria Del Rosario

Update on Malinche Group

This is a group of small business owners, formed by three members who are entrepreneurs. One of them is Rosa, a married woman with three children. For the last 6 years she has sold nacatamales, soft drinks, and fruit drinks in her home. She has had 20 loan cycles; she began with a smaller amount at that time and has been diversifying her business little by little. She used to sell just nacatamales. She has been a client of the institution for 7 consecutive years.

She will invest this loan in buying soft drinks of different flavors and sizes, raw material for nacatamal [tamales] like pork, rice, corn, lime, firewood, twine, annatto, salt, and vegetables like peppers, onion, and tomato, etc.

María is 34 years old and her business is making and selling tortillas. Nester is 46 years old and his business is a refrigerator repair shop.
View original language description ↓
Este grupo son socios microempresarios, emprendedores formado por tres miembros una de ellas es Rosa mujer casada, con tres hijos, que desde hace 6 años vende nacatamales, gaseosas, refrescos naturales en su domicilio y tiene 20 ciclos de préstamos inicio con un monto menor en esa época que poco a poco fue diversificando su negocio ya que solo vendía nacatamales, de ser cliente de la institución tiene 7 años consecutivos, este crédito lo invertirá en la compra de gaseosas variadas en sabor y tamaño,tambien invertira en materia prima para hacer los nacatamales como carne de cerdo, arroz, maíz, cal, leñas, mecate, achiote, sal, vegetales como chiltoma, cebolla, tomate etc. María tiene 34 años de edad y su negocio es la hecha y venta de tortilla y Nester tiene 46 años de edad y su negocio es la de un taller de refrigeración.

Previous Loan Details

The group "El Malinche" is composed of three hardworking and entrepreneurial members. One of them is Rosa Amanda who has worked selling nacatamales, soft drinks, and fruit drinks for the past 6 years and little by little has been growing her business. She will invest this loan in the purchase of ... More from Malinche 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
  • 46
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 25.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Malinche Group's $925 loan helped a member to buy soft drinks of different flavors and sizes, raw material for nacatamal [tamales].
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 10, 2013
Jun 11, 2013
Currency Exchange Loss:
Dec 20, 2013