This group is made up of five entrepreneurs, one of whom is Rosa, 37. She is single with three children, ages 5, 19, and 21.
She has been selling natural soft drinks for twenty years in a market close to her home. Her mother and her oldest daughter help her run the business. She will invest this loan in the purchase of ingredients, such as oranges, guavas, passionfruit, pineapples, papayas, and soda water. She will also invest in making improvements to her business space by changing the ceramic floor and buying pastries.
Eva is 52 and makes a living selling Avon cosmetics. Sugey is 32 and also has a business selling Avon cosmetics. María is 50 and has a business selling pizza and Zelsa cosmetics. Roger is 44 and has a tailor's workshop.
Grupo formado por cinco socios emprendedores una de ellas es Rosa es una mujer soltera, con 37 años de edad, con tres hijos de 05, 19 y 21 años de edad, desde hace 20 años se dedica a vender refrescos naturales en un mercado cercano a su localidad, su mama y su hija mayor le ayudan atender el negocio, el crédito lo invertirá en la compra de materia prima como frutas como naranja, guayaba de frescos, calala, piñas, granadillas, papaya, gaseosas variadas. Además va invertir en hacer mejoras a su tramo con el cambio de piso de cerámica y la compra de repostería. Eva tiene 52 años de edad y se dedica a la venta de cosméticos de la Avon, Sugey tiene 32 años de edad y su negocio es la venta de cosméticos de la Avon, María tiene 50 años y su negocio es la venta de pizzas y cosméticos de la Zelsa y Roger tiene 44 años y su negocio es un taller de confección.
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.