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Rosa De Saron Group
In this Group: Ivania, Dora Antonia , María De La Luz , Lissette Janette, Marling Del Socorro

Update on Rosa De Saron Group

This lending group is made up of five successful members. Ivania is the coordinator. She is 39 years old, married, and mother to two sons whom she supports. For four years she has sold food from her home. She is requesting a loan to purchase ingredients such as rice, beans, cooking oil, green plantains, mature plantains, beets, carrots, lettuce, etc. Through loans, she has been able to support her business and increase her earnings. Other members are: Dora, age 60, who has a grocery in her home, Lissette, age 31, who sells shoes and clothing in her neighborhood, Marling, age 42, who sells soft drinks and snacks from her home, and Maria, age 66, who makes and sells enchiladas in her home and in the neighborhood.
View original language description ↓
El grupo solidario lo integran cinco socias exitosas, lo coordina la señora Ivania de 39 años, casada y madre de dos hijos que dependen de ella se dedica a la venta de comida en su domicilio desde hace 4 años y requiere el crédito para la compra de granos básicos como arroz, frijoles, aceite, plátano verde, plátano maduro, remolachas, zanahorias, lechuga, etc., por medio de los créditos la socia ha logrado mantener el negocio y aumentar las ganancias. Otra de las socias es la señora Dora de 60 años de edad propietaria de una pulpería en su domicilio, la señora Lissette de 31 años comerciante de calzado y prendas en su comunidad, la señora Marling de 42 años comerciante de refrescos y chiverías en su domicilio y la señora María de 66 años quien elabora y vende enchiladas en su domicilio y comunidad.

Previous Loan Details

This group comprises four members, who are all enterprising women. Ana del Socorro has been a member for the past 10 years. She sells nacatamales (Nicaraguan tamales) and soup at the weekends from her home and as a mobile vendor. She is a single mother. She will invest the loan to buy raw mat... More from Rosa De Saron 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
  • 38
    View loans »
    Nicaragua Loans Fundraising
  • $26,391,875
    Funds lent in using Kiva
  • 27.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Rosa De Saron Group's $1,625 loan helped a member to purchase ingredients.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Apr 24, 2014
May 22, 2014
Currency Exchange Loss:
Oct 17, 2014