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Mar 16, 2017 1:55 PM ET

Nicaragua: Las Sonrientes Group: A loan of $2,175 helps a member to buy fish, shrimp, lobsters, and onions.

iCrowdNewswire - Mar 16, 2017

Las Sonrientes Group

Nicaragua
 
 
Borrower image
 

A loan of $2,175 helps a member to buy fish, shrimp, lobsters, and onions.

Las Sonrientes Group’s story

The solidarity group called Las Sonrientes [The Smiling Women] is made up of five brave women who have decided to request a loan to invest in their businesses.

The coordinator is Xiomara, who is 45 years old. She is married and has two children who are 11 and 5 years old. She sells food and cosmetics. Her sister helps her make the food. She is requesting a Kiva loan to buy fish, shrimp, lobsters, onions, and sweet peppers because she wants to to have a varied menu at her eatery.

Her goal is to expand her business and open other stores. With her earnings from the previous loan she was able to establish her business. Other members are Emily, who is 26 years old and sells clothing and footwear; Betty, who is 28 years old and sells purses, shoes, and cutlery; Nohelia, who is 26 years old and sells underwear; and Tanya, who is 28 and sells clothing.

In this group: Xiomara Del Socorro, Nohelia Walkiria , Tanya Azucena, Betty De Los Ángeles , Emily Lisbeth 

Show previous loan details

Translated from Spanish by Kiva volunteer Teresa Lorenz-Do View original language description 

This loan is special because:

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

Wesley
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:

Las Sonrientes Group

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