This group is made up of four members. One of them is Flor. She is a single, 23 year old, hardworking woman. For 10 years, she has had a business making packaged chicha de maíz. She sells her product in the Masaya market. She will invest the loan in buying raw materials such as corn, firewood, rhodamines, plastic bags, vanilla, raspberries, etc. Silvia is 51 years old and her business is selling fruits and vegetables. Ana is 56 and and her business is selling vegetables and perishables. María is 39 years old and her business is selling pinol and pinolillo.
Grupo formado por cuatro socias una de ellas es Flor mujer soltera de 23 años de edad, trabajadora desde hace 10 años tiene su negocio en la elaboración de chicha de maíz empacada comercializa su producto en el mercado de Masaya. El crédito lo invertirá en la compra de materia prima como maíz, leñas, rodaminas, bolsas plásticas, canela, vainilla, frambuesa etc. Silvia tiene 51 años y su negocio
es la venta de frutas y verduras, Ana tiene 56 años su negocio es la venta de verduras y perecederos y María tiene 39 años y su negocio es la venta de pinol, pinolillo.
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.