This group is comprised of four members who are successful small businesswomen. One of them is Rosa Argentina. She sells various cosmetics and leather wallets. On the week-ends she sells fried food at her home. She started her business 15 years ago. Her husband gave her a little capital, which she invested. This is how she got on the way with her business. She currently has the business diversified and organized. She sells leather wallets, Avon cosmetics, and fried foods at her house on the week-ends.
She has worked with the institution for six years. She will use the loan to buy various cosmetics and wallets. She will also buy chicken, beef, cooking oil, bananas, rice, and sugar, etc. for her fried food business.
María Ligia is another member, and her business is selling food every day at her house. María Auxiliadora has had a mini-market at her house for several years, and Karla Patricia has also had a mini-market at her home for some years.
Grupo formado por cuatros socias microempresarias de éxitos, una de ellas es la señora Rosa Argentina quien se dedica a vender cosméticos variados, carteras de cueros y por los fines de semana vende fritanga en su domicilio inicia su negocio desde hacde quince años ya que su marido le dio un pequeño capital lo que invirtió y de esa manera se fue abriendo camino en el negocio que actualmente tiene diversificado y organizado su negocio como la comercializacion de carteras de cuero, venta de cosmeticos Avon, y la venta de fritanga los fines de semanas en su domicilio. Tiene seis años de trabajar con la institución, el crédito lo invertirá en la compra de cosméticos variados, carteras, y para la fritanga pollo, carne de res, aceite, plátanos, arroz, azúcar etc., María Ligia es otra integrante su negocio es la venta de comida diaria en su domicilio, María Auxiliadora tiene una pulpería en su domicilio desde hace varios años, Karla Patricia también tiene una pulpería en su domicilio desde hace varios 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.