Santa Ana Group is made up of three hardworking and enterprising people. One of them is Martha Lorena, who has had a business selling pastry and aprons for four years. She's going to invest the loan in flour, sugar, milk, butter, baking powder, etc., to make cake, pastry, and delicacies; and fabric, thread, and appliques to make aprons.
The other members are Ana Belki, who sells "cosas de horno" [a Nicaraguan pastry], and Marbely, who sells lingerie.
El grupo Santa Ana lo conforma tres personas trabajadoras y emprendedoras una de ellas es Martha Lorena quien tiene una venta de repostería y delantales desde hace 4 años. El crédito lo invertirá en harina, azúcar, leche, mantequilla, polvo para hornear…etc. para realizar torta de leche, repostería, manjar, trenzas y telas, hilos, aplicaciones para hacer delantales.
Las otras integrantes son Ana Belki quien vende cosas de horno y Marbely quien vende ropa íntima.
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.