Check out some available loans that are similar to this one!
Las Encantadoras Group
In this Group: María Auxiliadora, Sandra María, María Ester, María De Fátima , María Auxiliadora
The group is made up of five women who are successful in their businesses. The group is coordinated by María who is 30 years old, has a partner, and is the mother of two children who are five and one years old. She makes a living selling plantains, local style enchiladas, potatoes, and all that comes with that, on the streets of her community. Her sister helps her to fry and sell.

She needs the loan to buy plantains, potatoes, oil, bags, cabbage, and more. With the previous loan she was able to improve her business by purchasing new pots and ladles. This increased her profits and has motivated her to continue borrowing from this institution.

Another member is María who is 23 years old and sells vegetables such as onion, tomato, peppers, and more. Sandra is 36 years old and makes red bean tamales which she offers to her neighbors in the community. She also sells soup twice a week from her home. Thirty-five-year-old María buys seasonal harvests. She will use the money to invest in avocado harvests. Finally, the 52-year-old María is the owner of a mini-mart and sells fruit wholesale.
View original language description ↓
El grupo está integrado por cinco socias exitosas en sus negocios, lo coordina la señora María de 30 años de edad, acompañada y madre de dos hijos de las edades de 5 y 1 año, se dedica a vender en las calles de su comunidad platanitos, enchiladas de masas, papitas y todo lo que sea relacionado, cuenta con la ayuda de su hermana para freir y también en vender, el crédito lo requiere para la compra de plátanos, papas, aceite, bolsas, repollo, y más, la socia con el crédito anterior obtuvo mejoras en su negocio como fue la compra de peroles nuevos y cucharones, aumentando así sus ganancias, ésto la ha motivado a seguir prestando en esta institución. Otra socia es la señora María de 23 años que comercializa legumbres como cebolla, tomate, chiltoma y más, la señora Sandra de 36 años quien elabora tamales pisques y ofrece a los al rededores de la comunidad y venta de sopa dos veces por semanas en su domicilio, la señora María de 35 años quien compra cosechas de temporada y el dinero lo invertirá en cosechas de aguacate, y la señora María de 52 años propietaria de una mini pulpería y venta de frutas por mayor.

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.

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
  • 60
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 25.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Encantadoras Group's $1,275 loan helped a member to buy green plantains, potatoes, oil, bags, dough, cabbage, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Mar 19, 2014
Apr 24, 2014
Currency Exchange Loss:
Oct 17, 2014