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Alfa Y Omega Group
In this Group: Maria Alcadia, Liliam De Los Reyes , Angela Del Carmen

Update on Alfa Y Omega Group

This solidarity group includes three members. One of them is the coordinator Maria, who is 51 years old, in a relationship, and the mother of five children, none of whom are dependents. She works for a living selling beans, tortillas, and other food from her home. She started this business 16 years ago with a severance pay given to her by her previous place of work.

She is requesting the loan to purchase soda, corn, rice, beans, cabbage, beets, carrots, bundles of firewood, etc. Through the loans given by the institution, she has been able to increase her income, make improvements to her house, and expand her business, since before she only offered beans and tortillas in her home. These have been great successes for her and her family.

The other members are Ángela, 59, who has a scrap metal business in her home, and Lilliam, 45, who sells cosmetics and clothing as a street vendor.
View original language description ↓
El grupo solidario lo integran tres socias, una de ella es la coordinadora señora María de 51 años de edad, acompañada y madre de cinco hijos de los cuales ninguno depende ella, se dedica a la venta de frijoles, tortilla y comida en su domicilio, este negocio lo impulsó hace 16 años con una liquidación que le dieron de la empresa que laboraba, el crédito lo solicita para la compra de gaseosas, maíz, arroz, frijoles, repollo, remolacha, zanahoria, fletes de leña, etc., por medio de los créditos otorgados en la institución ha conseguido aumentar las ganancias, logrando realizar mejoras a su viviendas, implementó la elaboración de venta de comida, pues antes solamente ofrecía frijoles y tortillas en su domicilio, estos han sido grandes logros para ella y su familia. Las otras integrantes son las señoras Ángela de 59 años dedicada a la compra-venta de chatarras en su domicilio y Lilliam de 45 años comerciante de ropa y cosméticos de manera ambulante.

Previous Loan Details

This group is comprised of three determined women, one of whom is María. She is 50 years old, married and has two children in her care. She sells beans, tortillas and nacatamales from home where she has been in business for 16 years. María has been a client of the institution for six years... More from Alfa Y Omega 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
  • 61
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 27.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Alfa Y Omega Group's $2,100 loan helped a member to purchase soda, corn, rice, beans, cabbage, beets, carrots, bundles of firewood, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 8, 2014
May 24, 2014
Currency Exchange Loss:
Dec 17, 2014
This photo was used before for a previous loan for Alfa Y Omega Group. It was first posted on Kiva on Dec, 2013. Learn More