Gracias A Dios Group
Lolita U. is the group coordinator. She is 32 years old and has been growing and selling watermelons for the past 4 years. Lolita decided to sell her products from the side of the highway leading to Tipitapa. She thought this would be a good place to set up her post because of the passing vehicles coming from Honduras and other Central American countries, so it would be very tempting to buy a fresh watermelon. She also sells other fruits such as oranges, bananas, and plums. Lolita has the help of her husband in running her business. She plans to invest her loan so that she can produce and purchase fruit in larger quantities and meet demand.
The group has participated in 11 loan cycles and has an outstanding record. José D. has been selling clothing and perfumes for 2½ years. Bruna M. has been selling food out of her home for 2 years.
Lolita U. es la coordinadora del grupo, tiene 32 años de edad y se dedica a la Producción y venta de sandía desde hace 4 años. Su punto de venta es en la carretera a Tipitapa. Un buen punto para el comercio ya que por esta carretera transitan los vehículos que vienen de honduras y demás países centroamericanos, por tanto es muy apetecible la compra de una Sandía fresca.
Además, aprovecha la oportunidad para vender otro tipo de frutas como naranja banano y jocotes. Todo esto con la ayuda de su esposo. Su crédito lo requiere para invertir a mayor cantidad y poder abastecer la demanda.
El grupo Gracias a Dios tiene 11 ciclos de crédito, gran record para un grupo. Los demás miembros son José D. quien trabaja en la venta de Ropa y perfumes desde hace 2 años y ½ y Bruna M. que vende comida en su casa desde hace 2 años.
About ADIMLocated 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.
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Success!! The loan was 100% repaid