Las Cien Flores Group
The other members are Marina del Carmen who is 39 years old and recycles for a living. She buys diposable containers and sells them to a recycling center. Aide Mariele is 34 years old. For 8 years she has been running a popular fritanga [a restaurant that specializes in home cooked Nicaraguan foods] that serves fried foods and soft drinks.
Ella tiene tres hijos de 10 y 9 años y un bebe de 5 meses. Ella invertirá el crédito en maíz, leña y cal.
Las otras integrantes son Marina del Carmen de 39 años quien se dedica a reciclar ella compra las pichingas y las lleva a vender a un centro de reciclaje y Aide Mariela de 34 años tiene una fritanga restaurante popular a base de comida frita y refresco desde hace 8 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