This group consists of three entrepreneurs. One of them is a married woman named Rebeca. She has been selling clothing and shoes on credit for seven years. Her loan will be invested in the purchase of various types of clothing for all ages such as men’s and women’s trousers, unisex shirts, women’s shirts, lingerie, sandals, and other items.
The other members are as follows:
• Fanny sells Avon cosmetics.
• Roberto provides motorcycle taxi services.
Este grupo está formado por tres socios emprendedores una de ellas es Rebeca es una mujer casada, tiene 7 años de comercializar ropa y calzado al detalle y al crédito, el crédito lo invertirá en la compra de ropa variada para todas las edades como pantalón de dama y caballeros, camisas unisex, camisas de mujer, ropa íntima, sandalias etc. Fanny vende cosméticos de la Avon y Roberto brinda servicio de transportes moto taxis.
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.