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Por Fe Group
In this Group: Isabel Del Carmen, Martha Isabel , Ruth Del Carmen, Cruz Maria

Update on Por Fe Group

This group is formed by four successful members. One of them is Cruz, who is 44 years old and married with a son in her care. For the last 15 years, her business has been making and selling clothing in her home. She has three workers who help her make clothing.

She has been a client of the institution for 5 years, which has demonstrated that she is a very responsible person with her payments. She is again asking for a loan for the purchase of materials like rolls of fabrics, thread, needles, elastic, buttons, zippers, etc.

Ruth is 50 years old and her business is the sale of clothing. Isabel is 29 years old and her business is the sale of pork and tamales. Martha is 41 years old and her business is the sale of cosmetics and clothing.
View original language description ↓
Este grupo se conforman de cuatro socias exitosas una de ellas es Cruz tiene la edad de 44 años, casada, con un hijo bajo su responsabilidad, su negocio es la elaboración y venta de ropa en su domicilio desde hace 15 años, posee tres trabajadores que le ayudan a elaboración de la ropa. Tiene 5 años de ser cliente de la institución lo que ha demostrado que es una persona muy responsable en sus cuotas, Está solicitando nuevamente un crédito para la compra de materiales como rollo de telas, hilos, agujas, elásticos, botones, zippers, etc. Ruth tiene la edad de 50 años, su negocio es la venta de ropa, Isabel tiene 29 años su negocio es la venta de carne de cerdo y nacatamales, Martha tiene la edad de 41 años su negocio es la venta de cosméticos y ropa.

Previous Loan Details

This group comprises four members dedicated to success. For 15 years, Cruz María has had a commercial dressmaking shop. She now employs four people to help in the production. She has been working with the institution for five years and will use this loan to buy supplies such as fabric, elastic, t... More from Por Fe 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
  • 56
    View loans »
    Nicaragua Loans Fundraising
  • $26,429,900
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Por Fe Group's $3,200 loan helped a member to buy materials like rolls of fabrics, thread, needles, elastic, buttons, zippers, etc.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Oct 11, 2013
Nov 17, 2013
Currency Exchange Loss:
Jul 17, 2014