This group has three enterprising members, one of whom is Petrona. Petrona is 56 years old and a widow with three adult children. For four years now, she has made a living selling used clothing. Her oldest daughter helps her to sell the clothes to neighbours, in the streets and in other barrios where she is known for selling these products. Petrona will invest the loan in buy various packs of sheets. Kleyvi is 20 years old and also sells used clothes. Yamileth is 30 years old and has a business selling new clothes.
Grupo formado por tres socias emprendedoras una de ellas es Petrona es una mujer que tiene 56 años de edad, viuda con tres hijos mayores de edad, tiene 4 años de estar dedicándose a la venta de ropa usada, su hija mayor le ayuda a comercializar la ropa esta la vende a vecinos cercanos, ambulantes y a otros barrios donde la conocen que vende ese producto, el crédito lo invertirá en la compra de pacas de sabanas variadas. Kleyvi tiene 20 años de edad su negocio es la venta de ropa usada también, Yamileth tiene 30 años de edad y su negocio es la venta de ropa nueva.
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.