This group consists of three successful entrepreneurs. One of them is Rosa, a 46-year-old woman who is married and has six grown children. She has been a merchant for 10 years and her business consists of selling purses, bags, backpacks, new clothes, slippers, and other items. Rosa has been a client of ADIM for five years. Her loan will be invested in merchandise such as slippers, purses, bags, backpacks, shoes, and other items.
Karla is 38 years old and manages a store in her home. María is 42 years old and sells food every day.
Grupo formado por tres socias emprendedoras de éxito una de ella es Rosa mujer de 46 años de edad, acompañada, con 6 hijos mayores de edad, desde hace 10 años es comerciante y su negocio es vender carteras, bolsos, mochilas, ropa nueva, chinelas etc. De ser cliente de la institución tiene 5 años. El crédito lo invertirá en la compra de mercaderías como chinelas, carteras, bolsos, mochilas, zapatos etc. Karla tiene 38 años de edad y su negocio es una pulpería en su domicilio y María tiene 42 años de edad vende comida todos los días.
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.