Amor Al Trabajo Group
Update on Amor Al Trabajo GroupThis group is made up of four enterprising members. One of them is Karla. She is 32 and married with one child. Her business is a grocery store located in her home, which she has had for a year. She will use this loan to invest in buying inventory, such as rice, beans, sugar, oil, salt, bread, sweet bread, chicken, dairy products, popular medicines, corn flour, candies, sodas, canned juices, juice cartons, washing soap, detergent, bleach, etc.
Arlin is 24 and her business is selling basic products. Another member, Rosa, is 44 and her business is selling nacatamales. Jose is 47 and his business is buying tamarind crops.
Thanks to Kiva investors for the support they have given through their loans, the group has achieved an ability to include a variety of products in their inventories.
Previous Loan DetailsThis group is made up of three enterprising members. One of them is Karla. She is 32 and married. She has had a small grocery store in her home for a year now. She started as a businesswoman, and then she saved her earnings to buy grocery products. She will invest the loan in purchasing rice, bea... More from Amor Al Trabajo Group's previous loan »
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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
This is a Group Loan
97View loans »
Success!! The loan was 100% repaid