This is a group comprised of three successful entrepreneurs, one of whom is Claudia who sells nacatamales (corn flour cakes wrapped in leaves) and pork from her home, since the age of 12. She is single with two children who help sell her products. She plans to use the loan to buy ingredients for the nacatamales such as pork, banana leaves, rice, vegetables, perishables, etc.
Elizabeth sells cosmetics, clothing and shoes, and Yolanda sells beef bones and fresh vegetables as a street vendor.
Grupo formado por tres socias emprendedoras de éxito una de ellas es Claudia se dedica a la venta de nacatamales y carne de cerdo ambulante y en su domicilio, desde hace 12 años. Es una mujer soltera con dos hijos quienes le ayudan a comercializar sus productos, el crédito lo invertirá en la compra de materia prima para hacer nacatamales como carne de cerdo, hojas de chagüites, arroz, perecederos, vegetales, etc. Elizabeth vende cosméticos, ropa, calzado, Yolanda vende hueso de res y verduras frescas ambulante.
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.