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El Aguacate Group
In this Group: Silvia Del Carmen, Eloisa De Los Angeles , Blanca Carolina

Update on El Aguacate Group

This communal bank is composed of three members who are successful in their businesses, coordinated by Silvia. She is 41 years old, married and has two children who are dependent on her. She sells clothing and food from her house. With this loan she will buy T-shirts, blouses and Lee, Kalua and Big Time jeans. With her previous loans she has made improvements to her house and has grown personally. Which has allowed her to provide a better quality of living for her children.

The other members are Eloisa, who is 32 years old and sells new clothing in her community and Blanca who is 38 years old and sells clothing and footwear in the streets of the capital. These members represent different methods of working to gain their daily bread for their families.
View original language description ↓
El grupo solidario está integrado por tres socias exitosas en su vida laboral, coordinado por la señora Silvia de 41 años de edad, casada, tiene dos hijos que dependen de ella, su negocio es la venta de ropa y comida en su domicilio, por lo que el crédito lo solicita para la compra de camisetas, blusas, jean Lee, jean kalua, jeans big time, etc., con los créditos anteriores la socia ha realizado mejoras en su vivienda y la ha ayudado en su superación personal por lo que le ha permitido brindarle mejor calidad de vida a sus hijos. Las otras socias son las señoras Eloisa de 32 años dedicada a comercializar ropa nueva en su comunidad, y Blanca de 38 años de edad, comerciante de ropa y calzado de manera ambulante en las calles de la capital. Estas socias representan diversas maneras de trabajar y así obtener el pan de cada día para su familia.

Previous Loan Details

The group "el Aguacate" [The Avocado] comprises three hardworking, enterprising members. One of them is Silvia del Carmen, who has been selling clothing and foodstuffs for 4 years. She will use the loan to buy merchandise (shirts, pants, jeans, and blouses) and basic grains, meats, etc. The ot... More from El Aguacate 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
  • 71
    View loans »
    Nicaragua Loans Fundraising
  • $25,767,775
    Funds lent in using Kiva
  • 27.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of El Aguacate Group's $1,275 loan helped a member to buy clothing like T-shirts, blouses and jeans.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Apr 24, 2014
May 24, 2014
Currency Exchange Loss:
Feb 17, 2015
This photo was used before for a previous loan for El Aguacate Group. It was first posted on Kiva on May, 2012. Learn More