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Mar 16, 2017 10:44 AM ET

Nicaragua: El Yet Del Evangelio Group: A loan of $1,675 helps a member to buy shirts, skirts and pants.

iCrowdNewswire - Mar 16, 2017

El Yet Del Evangelio Group

Masaya, Nicaragua / Clothing Sales
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A loan of $1,675 helps a member to buy shirts, skirts and pants.

El Yet Del Evangelio Group’s story

“El Yet del Evangelio” is an enterprising communal bank coordinated by Scarleth, who is 30 years old. She is married and has two children in her care, aged 11 and 4. She has worked selling clothing and shoes for 12 years. Her husband is the one who helps her buy and sell the merchandise. She is requesting the loan from Kiva to buy shirts, skirts, pants, and undergarments. Her goal is to make her business grow, and with the earnings from the loan to successfully invest more in her business.

Micaela, age 60, has a neighborhood store; Yeri, age 32, has a furniture workshop; and Jasmina, age 39, works selling new clothing.

In this group: Micaela Jeronima , Scarleth De Jesus , Yeri Javier , Jasmina Del Socorro

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Translated from Spanish by Kiva volunteer Patricia Linderman View original language description

This loan is special because:

It includes access to emergency credit, should the borrower need it. 

Kiva staff

More about this loan 

About Asociación Alternativa Para el Desarrollo Integral de las Mujeres (ADIM):

Located 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.

Contact Information:

El Yet Del Evangelio Group

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