This solidarity group has three members. One of them is Claribel, a divorced 34-year-old woman who has sold soft-drinks of various brands and also raffles home appliances in her community and in the Masaya market for several years. She will use the loan to buy assorted brands of soft-drinks like Coca-Cola, Pepsi, Big Cola, etc. María, 50, sells fruit and vegetables and Lesther, 25, sells Coca-Cola.
Este grupo solidario está formado por tres socios emprendedores una de ellas es Claribel mujer divorciada, de 34 años de edad, que se dedica a la venta de gaseosas variadas y hace rifas de artículos electrodomésticos en su comunidad y en el mercado de Masaya desde hace varios años. el crédito lo invertirá en la compra de gaseosas variadas de diferentes sabores como diferentes marcas, coca cola, Pepsi, bigcola etc. María tiene 50 años de edad y su negocio es la venta de frutas y verduras y Lesther tiene 25 años y su negocio es la venta de gaseosas coca cola.
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.