The Ignacia group is made up of three hard working and enterprising members. One of them is Ignacia, who sells fruit and has had a furniture store for the last 6 years. She started her business by selling perishables and later invested in other products. This was made possible thanks to the loans that helped her grow her business.
The other members are Griselda, who has been raising hogs for the last 3 years, and Guillermina, who for the last 2 years has owned a general store.
El grupo Ignacia lo conforman tres personas trabajadoras y emprendedoras una de ellas es Ignacia quien vende frutas y tiene una mueblería desde hace 6 años. El negocio lo inicio con el comercio de perecederos y luego invirtió en otro rubro esto fue posible gracias a los préstamos lo cual ayudo aumentar su negocio.
Las otras integrantes son Griselda quien crianza cerdos desde hace 3 años y Guillermina tiene una pulpería desde hace 2 años.
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.