Las Leonas Group
These three hard-working and tenacious women go out to work every day in an effort to improve and provide a better future for their families.
The group coordinator is Lea del Carmen C. who has sold bed linen and clothing door-to-door since 2001 in Villa Fontana and Ticomo. She will use the requested funds to buy sheets, towels, bedspreads and bundles of clothing.
Her fellow group members are Ana Marlene L. Solís who has sold clothes and cosmetics for the last 30 years and Vilma Leonor M. C. who has sold meat, chicken and clothes for the last 12 years.
La coordinadora del grupo es Lea del Carmen C. quien desde 2001 inicio con el comercio de sabanas y ropa de manera ambulante los cuales distribuye en Villa fontana y Ticomo. Ella con el préstamo invertirá en sabanas, toallas, colchas y pacas de ropa.
Sus compañeras de grupo son Ana Marlene L. Solís quien desde hace 30 años vende ropa y cosméticos y Vilma Leonor M. C. quien vende carne, pollo y ropa desde hace 12 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