This group has three successful members. One of them, 29-year-old Lesly Vanessa, is 29 years old, married, and has one dependent child. Her business is selling footwear, clothing and cosmetics. She has been in this business for two years. Lesly Vanessa has been a client of the institution for two consecutive years. She sells her products in her own community and to workers in the free-trade zone in the city of Masaya. She will invest this loan in buying clothing such as men's Jingo-brand jeans and men's Levi-brand jeans. She will also buy cosmetics, 'Sentimientos de Dama' perfume, 'Faraway' perfume, eyebrow pencils, vanity mirrors, hand creams, body creams, facial creams, etc.
The other members of this group are 30-year-old Vilma, whose business is selling cosmetics, and 26-year-old Miguel, whose business is providing a motorcycle taxi service in his community.
Grupo formado por tres socios de éxito una de ellas es Lesly Vanessa tiene 29 años casada, con un hijo menor de edad, su negocio es la venta de calzado, ropa y cosméticos desde hace dos años, de ser cliente de la institución tiene dos años consecutivos, los productos los comercializa en su comunidad y a trabajadores de zona franca en la ciudad de Masaya. Este crédito lo invertirá en la compra de ropa como pantalón jingo de varón, pantalón Levy de varón, cosmético perfume sentimientos, perfume faroway de mujer, lápiz de cejas, vanidades, crema para las manos, crema para el cuerpo, cremas faciales etc. Vilma tienen 30 años de edad y su negocio es la venta de cosméticos y Miguel tiene 26 años y su negocio es la de brindar servicios de moto taxi en su comunidad.
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.
A portion of Leslia Group's $600 loan helped a member to invest in buying clothing such as men's Jingo-brand jeans and men's Levi-brand jeans, as well as cosmetics, 'Sentimientos de Dama' perfume, 'Faraway' perfume, eyebrow pencils, vanity mirrors, hand creams, body creams, face creams etc.