This group is made up of three enterprising members. One of them is Karla. She is 32 and married. She has had a small grocery store in her home for a year now. She started as a businesswoman, and then she saved her earnings to buy grocery products. She will invest the loan in purchasing rice, beans, sugar, oil, beef, chicken, dairy products, bath soap, laundry soap, instant coffee, and more. Rosa,44, makes and sells nacatamales and José buys and sells charcoal.
Grupo está formado por tres socios emprendedores una de ellas es Karla tiene 32 años de edad, casada, desde hace un año tiene una pulpería en su domicilio, inicio como comerciante y con las ganancias fue guardando para compra de productos de la pulperías. El crédito lo invertirá en la compra de granos como arroz, frijoles, azúcar, aceite, carne de res, carne de pollo, productos lácteos, jabón de baños, jabón de lavar ropa, cafés solubles, etc. Rosa hace y vende nacatamales tiene 44 años de edad y José compra y vende cosechas de carbón.
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.