The “Vianka” group is made up of three hardworking and entrepreneurial women from the capital, Managua. The coordinator for the group is Vianka J., who has a tortilla-making business and also sells nacatamales, made of corn and pork, on the weekend.
She will use the loan for her business with the goal of growing it. She will buy corn, pork, firewood, etc.
The other members are Alba Z., who sells food, and Flor Díaz, who sells used clothing.
El grupo Vianka lo conforman tres mujeres trabajadoras, esforzadas y emprendedoras provenientes de la capital de Managua. La coordinadora del grupo es Vianka J. quien tiene una tortillería y los fines de semanas vende nacatamales, comida típica a base de maíz y cerdo.
Ella invertirá el crédito en su negocio con el fin de seguir creciendo en especial en maíz, cerdo, leña etc.
Las otras integrantes son Alba Z. vende comida y Flor Díaz vende ropa usada.
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.
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.