This businesswoman is Gladys del Carmen T.. She is 61, married, and has five grown children. She is of Mestiza ethnicity. She has a sales stall in the municipal market in the city of Bluefields. For over three years she has been selling vegetables like potatoes, onions, tomatoes, sweet peppers, yucca, “quequisques” (a root vegetable), “chayote” (a plant from the gourd family), oranges, lemons, and others. Mrs. T. has been a member of the Verbo church for several years. She actively participates in church activities.
Mrs. T. is asking for a loan for 900 US dollars to buy vegetables like the ones mentioned in the previous paragraph. Then she will be able to offer her customers more products.
Businesswoman T. thanks you ahead of time for the support that the loan will give her. She assumes the responsibility for making her payments as agreed upon by the lenders and herself.
La microempresaria: Gladys del Carmen T. tiene 61 años de edad es casada, con 5 hijos todos mayores de edad, es de la etnia Mestiza y tiene un tramo de venta en el mercado municipal de esta ciudad de Bluefields, desde hace mas de 3 años en donde vende verduras tales como: papas, cebolla, tomate, chiltoma, yuca, quequisques, chayote, naranjas, limones y otros
Señalamos que la señora T. es miembro de la iglesia Verbo desde hace algunos años en donde participa activamente en las actividades de la iglesia. La señora T. esta solicitando apoyo para que se le financie la suma de US 900 dólares para comprar verduras como las mencionadas en el párrafo anterior y poder ofertar a sus clientes más productos.
La microempresaria T. agradece de antemano por el apoyo que se le dará con este préstamo y asume la responsabilidad de su pago en las cuotas que se acorden entre los prestamistas y ella.
Please note that Kiva considers loans from this Field Partner, ADEPHCA, to be particularly high risk. This organization is very small and started working with Kiva before certain core risk and due diligence policies were put into place. ADEPHCA organization would not fit under Kiva’s current partnerships criteria because they do not have any audited financial statements, they do not have established internal controls, and they currently have no other sources of funding than Kiva. Kiva continues to allow ADEPHCA to raise funds on the website for two reasons. First, if Kiva were to abruptly end the partnership we believe there would be a higher risk of loss for lenders, since cutting off the Kiva funding source would put ADEPHCA in a financially distressed position. In addition, since ADEPHCA provides loans in some of the poorest and most remote areas of Nicaragua where there are almost no other options for funding, we believe these loans could still be of interest to lenders even considering the increased risk.
A loan of $900 helped Gladys Del Carmen buy vegetables like potatoes, onions, tomatoes, sweet peppers, yucca, “quequisques” (a root vegetable), “chayote” (a plant from the gourd family), oranges, lemons, and others.