This group consists of four members. One of them is Erving, who is 30 years old, married, and has one young child. His business is a carpentry workshop where he has five salaried employees. His loan will be invested in raw materials such as wood, sandpaper, thinner, sealant, and white glue.
Narcisa is 48 years old and has a business of selling fried foods from her home. Jeovany is 37 years old and has a business of selling chickens and Fatima is 34 years old and sells fresh vegetables.
Este grupo está formado por cuatros socios uno de los miembros es Erving tiene 30 años es casado y tiene un hijo menor. Su negocio tiene un taller de carpintería con cinco trabajadores asalariados el crédito lo invertirá en la compra de materia prima como madera, lijas, sener, sellador, pega blanca, Narcisa tiene 48 años de edad el negocio es la venta de fritanga en su domicilio , Jeovany tiene 37 años su negocio es la venta de pollo y Fatima tiene 34 años de edad y su negocio es la venta de verduras frescas.
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.