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Torres Group
In this Group: Maria Elena, Candido José, Martha Ercilia
The communal bank Torres was formed in the community of Llano Grande, a municipal region in Masaya. The members come from a poor and humble area, where going to school is a privilege. They are very passive and shy people. When ADIM visited them and disbursed the first loan, coupled with training, the group realized the usefulness of the loans for society. They decided to leave the countryside to start a business in the city.
They began their store with no more than C$1000.00. The group now has had three loans with ADIM of more than C$2300.00. Their loans have been invested in the purchase of essential products. Mrs. Maria Elena is part of the communal bank Torres, is married, and has a small family. At her age, she feels useful and plans to keep working and expanding her product offering. She will be receiving a third loan, and she feels proud that she has not hurt her relationship with ADIM, which has been financing her for several years.
The communal bank has received trainings on self-esteem and business administration. The most impactful lesson has been that in order to make progress, she must save. In this way, she can take out a new loan and make progress.
View original language description ↓
El g/s TORRES este grupo se formo en la comunidad de llano grande una comarca del municipio de masaya vienen de un sector bien pobre y humilde donde el acceso al colegio es un privilegio son de carácter muy pasivo y calladas, Cuando adim las visito y les otorgo su primer crédito y las capacito el g/s se dio cuenta de lo útil que son para la sociedad y de esta manera decidieron salir del campo para poner su negocio en la ciudad
Comenzaron su negocio con un capital no mayor de C$1000.00 con adim llevan 3 créditos y con montos mayores a los C$2300.00, sus créditos los invierten en la compra de productos de primera necesidad.
Doña Maria Elena pertenece al g/s TORRES es casada su familia es pequeña. A su edad se siente una persona útil y piensa seguir trabajando y ampliando cada vez más su oferta de productos. Es beneficiaria de un tercer ciclo de crédito y se siente orgullosa de no haber quedado mal con ADIM que le ha venido financiando desde hace varios años.
El g/s ha recibido capacitaciones de autoestima y administración del negocio. Su mayor aprendizaje ha sido que para progresar es necesario ahorrar, pues así se queda bien, se puede tener un nuevo crédito y progresar.

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
  • 47
    View loans »
    Nicaragua Loans Fundraising
  • $26,293,200
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Torres Group's $350 loan helped a member work capital; improve the conditions of the store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 31, 2008
Dec 17, 2008
Currency Exchange Loss:
Mar 15, 2009