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El Madroño Group
In this Group: Maria Del Socorro, Maria Emelanea, Maria Neli , Teodora Francisca

Update on El Madroño Group

This solidarity group is made up of four members, all successful in their working life. It is coordinated by Señora María del Socorro. She is 62 years old and married.

She works selling fruit. She began this business thirty years ago when she bought the house where she lives. It is a small farm that provides her with fruit. Being as she is a hardworking woman, she decided to sell them. When she saw that it was a line of work that generated good earnings, she was inclined to keep selling them. These days she sells fruits and vegetables in the capital. This business allowed her to give her family education, healthcare, and food.

She is asking for a loan to buy oranges, Seville oranges, and yuca. With this investment, she will get better earnings and can keep improving her quality of life.

The other members are María Neli, age 51, who sells fruits and vegetables in different areas of the capital, María Emelanea, age 48, who sells vegetables, and Teodora, age 61, who sells fruits in the capital.
View original language description ↓
El grupo solidario está integrado por cuatro socias exitosas en su vida laboral, y coordinado por la señora María del Socorro de 62 años de edad y casada se dedica a la comercialización de frutas, este negocio lo impulso desde hace 30 años cuando compró la casa donde habita y es una pequeña finca que le proporcionó frutas, siendo ella una mujer laboriosa, decidió comercializarlas y al ver que era un sector que le generaba ganancias se dispuso a seguir comercializándolas, el día de hoy comercializa frutas y verduras en la capital, siendo este negocio el que le permitió brindarle educación, salud y alimentación a su familia. La socia solicita el crédito para la compra de naranjas, naranja agria y yuca; con esta inversión la socia obtendrá mayores ganancias y podrá seguir mejorando su calidad de vida. Las otras integrantes son la señora María Neli de 51 años de edad comerciante de frutas y verduras en sectores de la capital, la señora María Emelanea de 48 años de edad vendedora de verduras y la señora Teodora de 61 años comerciante de frutas en la capital.

Previous Loan Details

This group consists of five members who are hardworking merchants. One of them is María del Socorro. She is 61 years old, married, and has a child who is dependent on her. Her business involves selling fruits and vegetables, which she has done for 30 years. The loan she is requesting will be ... More from El Madroño 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
  • 51
    View loans »
    Nicaragua Loans Fundraising
  • $26,278,975
    Funds lent in using Kiva
  • 27.2
    Nicaragua Cordobas (NIO) = $1 USD
A portion of El Madroño Group's $2,000 loan helped a member to buy oranges, Seville oranges, and yuca.
Repayment Term
9 months (Additional Information)
Repayment Schedule
May 8, 2014
May 24, 2014
Currency Exchange Loss:
Jun 23, 2014