This group is made up of three members like María Inés who sells makeup. She began with a small grocery store and with the earnings she bought makeup little by little. She is married and has a small child, she is 28 years old. The loan will be used to buy Avon makeup and perfumes, hand and body creams, lotions, etc. Jenny sells clothing and makeup and Alex is in transportation, he works in a taxi and travels between Masaya to Nindiri.
Este grupo está formado por tres socios como María Inés se dedica a vender cosméticos inicio con una pequeña pulpería con las ganancias fue comprando cosméticos en menor escalas hasta hoy. Es una mujer casada con un hijo menor y tiene 28 años de edad., El crédito lo invertirá en la compra de cosméticos de la Avon como perfumen, cremas para manos y cuerpos, lociones, etc. Jenny vende ropa y cosméticos y Alex es transportistas que brinda servicio de taxis de Masaya a Nindiri
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.