This is a group of four micro businesswomen each with her own activity. One of them is Gilma Elieth who has been selling natural soft-drinks for several years. She’s married and has two children. She contributes to her family’s support by means of her activity. She will use the loan to buy sugar, fruit, plastic bags, ice, etc.
Gema Eloísa, 20, sells shoes, Karla Patricia sells soft-drinks from place to place and Martha makes tote bags at home that she sells in the local market.
Grupo formado por cuatros socias microempresarias que se dedican a sus actividades, una de ellas es la socia Gilma Elieth que se dedica a vender refrescos naturales desde hace varios años, mujer casada con dos hijos de su actividad aporta al sustento diario de su familia, el crédito lo invertirá en la compra de azúcar, frutas, bolsas plásticas frutas, hielo etc. Gema Eloísa tiene 20 años se dedica a la venta de calzados, Karla Patricia vende refrescos ambulante, Martha tiene un taller de bolsos en sus domicilio que los comercializa en el mercado de su localidad.
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.