The Brisas de Abril (April Breezes) Group is made up of three successful, entrepreneuriaul women. One of the group members, Eidy, is 25 years old and single. Eidy has been selling beef for five years in the markets of Masaya, as well as in her neighborhood to members of her community. This is her first loan with the institution, and she is very hopeful that this investment will help her to grow and strengthen her business. She plans to use the support from this loan to purchase different meaty portions of the cow (ribs, flank, tripe, trimmings, loin, etc.) for resale at her business.
Carmen, another group member, is 24 years old and makes a living selling ground cornmeal, gourd seeds and other items. Teresa, the third group member, is 65 years old and operates a small convenience store out of her home.
Este es un grupo de tres socias emprendedoras de éxitos una de ellas es Eidy tiene 25 años de edad, soltera, con cinco años de vender carne de res ambulantes y en los mercados de Masaya, comunidad, y vecinos, es su primer crédito en la institución con muchas expectativas de salir adelante y desarrollar su negocio, el crédito lo invertirá en la compra de carne de res como posta de pierna, hueso, pellejos, mondongo, recortes, lomos etc. Carmen empresaria de 24 años de edad su negocio es la venta de pinolillo, semillas de jícaro, tiste en polvo y Teresa tiene 65 años de edad y su negocio es una pulpería en su domicilio
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.