This group is made up of three entrepreneurial members. One of these is Rosible, a married woman, 35 years old, with a child. For six years she has sold new clothing by order, on foot, and to neighbors in her locality.
She has had various loans because she has been a client of the institution for six years. She has demonstrated responsibility and punctuality in her payments. She will use the loan for the purchase of clothing like men’s pants, women’s pants, women’s blouses, men’s shirts, boxers, shorts, skirts, etc.
Marlene is 40 years old. Her business is a small café in a university in the capital. Aura is 59 years old. Her business is the sale of sandals.
Grupo formado por tres socias emprendedoras una de ellas es Rosibel mujer casada, con 35 años de edad, con un hijo, desde hace 6 años se dedica a vender ropa nueva por encargo, ambulante y a vecinos de su localidad, lleva varios crédito por que tiene 6 años de ser cliente de la institución ha demostrado responsabilidad y puntualidad en sus pagos. El crédito lo utilizara en la compra de ropa como pantalón de varón, pantalón de dama, blusas de dama, camisas de varón, bóxer, shores, faldas, etc. Marlene tiene 40 años de edad su negocio tiene un cafetín en una universidad de la capital y Aura tiene 59 años su negocio es la venta de sandalias.
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.