The trio Tismayan is made up of three entrepreneurial, successful women. Nimia, one of the group members, is 51 and is married with three adult children. For the past 30 years she has operated a business selling milk, and has even employed four of her family members at different times to help with delivery and distribution. Nimia plans to use the support from this loan to purchase milk for resale.
Ana, another entrepreneur in the group, operates a convenience store, and Leyda, the third businesswoman, makes a living selling new clothing.
Es un grupo formado por tres socias emprendedoras de éxito una de ellas es Nimia de 51 años de edad, unión libre con dos hijos mayores desde hace 30 años vende leche al detalle, tiene cuatro familiares remunerados en la distribución de la leche, el crédito lo invertirá en la compra de leche, Ana tiene una pulpería, Leyda vende ropa nueva.
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.