This group is made up of three hard-working members. Sobeyda is a good example. She is a married 26 year old woman who has a young three year-old child and works making and selling pizzas that she makes in her own home. She sells them in the schools near her home. She also has another activity which is selling new clothes, used clothes, used shoes, and used wallets. She has been working in that field for four years. She will invest her loan in the purchase of a cart for selling fast food in order to sell her pizzas while walking. Rosibel is another member whose business involves selling pots for plants, corn grinding stones, and piggy banks in a market in the capital The other group member, José Félix, sells toys and imitation jewelry in bulk and individually in the municipal markets close to the capital.
Grupo formado por tres socios emprendedores tal es el caso de Sobeyda es una mujer casada con 26 años de edad posee un niño menor de 3 años se dedica a elaborar y comercializar pizza la cual las hace en su domicilio y las distribuye en los colegios cercano a su casa, cuenta con otra actividad como es la venta de ropa nueva, ropa usada, zapatos usados, carteras usadas, actividad que viene realizando desde hace 4 años. El crédito lo invertirá en la compra de un carrito de comida chatarra para vender pizza ambulante, Rosibel su negocio es la venta de alcancías, maceteros para plantas, comales de barros en un mercado de la capital y José Félix vende bisuterías y juguetes al por mayor y menor en los municipios cercanos a la capital.
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.