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Misericordia Del Señor Group
In this Group: Gloria, Ruth, Karla Patricia

Update on Misericordia Del Señor Group

This is a group of three micro businesswomen. One of them is Gloria, 44. She has a spouse and a 17-years-old son. Her business for the last 8 years has been used-clothes sales in the tax-free zone. Her son helps her sell. She’s been a client of the institution for 8 years and has shown herself to be a very responsible person throughout all this time. She’s asking for a loan to buy selected clothing by the dozen.

Karla, 32, sells new and used clothes and Ruth, 44, sell mobile phone airtime cards and baking supplies.
View original language description ↓
El grupo lo conforman tres socias microempresarias una de ellas es Gloria tiene 44 años de edad, acompañada, con un hijo de 17 años, su negocio es la venta de ropa usada en la zona franca desde hace 8 años su hijo le ayuda a vender, tiene de ser cliente de la institución 8 años tiempo en el cual ha demostrado ser una persona muy responsable, el crédito lo solicita para comprar ropa escogida por docena. Karla mujer de 32 años su negocio es la venta de ropa nueva y usada y Ruth tiene 44 años y su negocio es la venta de recarga y cosa de horno.

Previous Loan Details

This group has three members; one of whom is 41-year-old Gloria, an enterprising woman who is married with three children. For six years, Gloria has had her own business selling second-hand clothing. This loan will be used to buy bales of used clothing. The second member Ruth sells curds a... More from Misericordia Del Señor 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
  • 25.5
    Nicaragua Cordobas (NIO) = $1 USD
A portion of Misericordia Del Señor Group's $2,200 loan helped a member to buy select clothes by the dozen.
Repayment Term
12 months (Additional Information)
Repayment Schedule
Aug 23, 2013
Sep 27, 2013
Currency Exchange Loss:
Oct 27, 2013