Dios Con Nosotros Group
Update on Dios Con Nosotros GroupThis group is composed of three entrepreneurs. One of them is Mirna, a 59 year old, married woman. Her business was only selling used clothing, but now she sells more variety, like fruit and soft drinks, besides selling clothing door to door, which she has been doing for 17 years. She has belonged to ADIM for 7 years.
Mirna is requesting this loan to buy inventory such as soft drinks, mango, oranges, papaya and clothing.
Gloria del Socorro is 62 years old and sells nacatamales (a local food). Gloria María is 53 years old and she sells used clothing.
Previous Loan DetailsThe group Dios con Nosotros (God with Us) is made up of three hardworking and enterprising people. One of them is Mirna who’s 58 years old. She’s been selling clothes and shoes for 5 years, and she began by selling used clothes. She works along with her young daughter and her husband, and she will… More from Dios Con Nosotros 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
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