The group is comprised of four enterprising members. Patricia, age 28, is one of them. She is single, and her business is selling food and natural soft drinks. She has one year of experience in the business. She will use the loan to buy raw material like rice, sugar, beef, chicken, uncooked beans, and fruit like papaya, oranges, melon, and passion fruit, etc.
Marbeli, age 25, has a grocery store business. Flor, age 25, sells food. Elena, age 31, has a business selling food and new clothes.
Grupo formado por cuatro socias emprendedoras una de ellas es Patricia tiene 28 años de edad, soltera, su negocio es la venta de comida y refrescos naturales. Tiene un año de experiencia en el negocio, el crédito lo invertirá en la compra de materia prima como arroz, azúcar, carne de res, carne de pollo, frijoles crudos, frutas como papaya, naranja dulce, melón, granadilla etc. Marbeli tiene 25 años de edad y su negocio es una pulpería, Flor tiene 25 años de edad y su negocio es la venta de comida y Elena tiene 31 años de edad y su negocio es la venta de comida y 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.