This is a group consisting of four micro entrepreneurs. One of them is María Félix, a successful, 57-year-old single member and mother of two children. Her business is selling food and bed linens around her community and to nearby neighbors. She will use the loan to buy raw materials like 10 yards of fabric, cones of thread, embroidered strips and needles to make bed linens and raw materials to make meals like chayote, carrots, peppers, onions, tomatoes, bananas, chicken, beef, salt, etc.
Yamileth, 36, sells vegetables; Martha, 32, sells new clothes and Miguel is a micro businessman who sells varied new clothes.
Grupo formado por cuatro socios microempresarios una de ellas es María Félix, socia exitosa tiene 57 años de edad, soltera y madre de dos hijos, su negocio es la venta de comida y ropa de cama que las comercializa en su comunidad y vecinos cercanos, su crédito lo invertirá en la compra de materia prima para hacer ropa de cama como 10 yardas de telas, conos de hilos, agujas, tiras bordadas, materia prima de comida verduras como chayote, zanahorias, chiltoma, cebolla, tomates, plátanos, carne de pollo, carne de res, sal etc. Yamileth tiene 36 años de edad su negocio es la venta de verduras , Martha tiene 32 años de edad y su negocio es la venta de ropa nueva y Miguel hombre microempresario su negocio es la venta de ropa variada 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.