This group has three members. One of them is 25-year-old Sayda. Sayda is married and has been selling general merchandise in the rural communities of Masaya, such as Pacayita, for two years. She works alone in her business. Sayda will invest this loan in buying merchandise such as men's trousers, women's trousers, bras, underpants, men's shirts and women's blouses.
Luis Oscar is 69 years old and sells milk in his community. Yessenia is 31 years old and her business is selling used clothing.
Socios microempresarios está formado este grupo por tres socios una de ellas es Sayda mujer de 25 años de edad, casada, tiene dos años de vender mercadería en general en las comunidades rurales de Masaya como Pacayita, ella misma atiende su negocio, este crédito lo invertirá en la compra de mercadería como pantalón de varón, pantalón de mujer, brazieres, blumers, camisas de varón, blusas de damas etc. Luis Oscar tiene 69 años de edad y su negocio es la venta de leche en su comunidad y Yessenia tiene 31 años de edad y su negocio es la venta de ropa usada.
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.