The microentrepreneur Keyttel Januaria C. M. Is 26 years old, married and with a young daughter who is a minor. She is from the city of Bluefields and she has been dedicated to sell laminated gold jewelry for more than 4 years. With this business, she is able to contribute to the household expenses.
Mrs. C. is a street vendor and visits private and state offices as well as particular households offering her products which she sells offering payment installments of two or three installments for each product.
It's good to mention also that besides chains, bracelets, and ringsm she also offers badges and cosmetics like perfumes, deodorants, and lipsticks among others. However, to be able to buy her products and sell them with the facility of the payment installments, she requires financing to buy the following products:
8 men laminated gold rings at $15 dollars each
5 men laminated gold chains at $30 dollars each
3 men laminated gold bracelets at $25 dollars each
8 women laminated gold rings at $10 dollars each
and 3 women laminated gold chains at $25 dollars each
La microempresaria Keyttel Januaria C. M. tiene 26 años de edad, es casada con una hija menor de edad, es originaria de esta ciudad de Bluefields y se dedica desde hace más de 4 años a la venta de prendas de oro laminado y con dicho negocio aporta a los gastos del hogar.
La señora C. es vendedora ambulante y visita desde oficinas privadas y estatales hasta casas particulares ofreciendo sus productos los cuales los vende con facilidades de pagos de dos y tres cuotas por cada producto.
Es de mencionar que además de cadenas, pulseras y anillos también oferta chapas y cosméticos tales como perfumes, desodorantes, pinturas de labios entre otros. Sin embargo para poder comprar sus productos y venderlos con facilidades de pago requiere el financiamiento para comprar los siguientes productos:
8 anillos de oro laminado de hombres a US$ 15 dólares cada uno, 5 cadenas de oro laminado de hombre a US$ 30 dólares cada una, 3 pulseras de oro laminado de hombres a US$ 25 dólares cada una, 8 anillos de oro laminado de mujeres a US$ 10 dólares cada uno y 3 cadenas de oro laminado de mujeres a US$ 25 dólares cada una.
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.