This group is formed by three successful entrepreneurial women partners. One of them is Rosa, a 40-year-old woman in a relationship with two children. Her business for the last 7 years has been the sale of new clothing. She sells her products in an itinerant fashion to private businesses and in her community. She is asking for the loan to buy new clothing like men's pants, women's pants, men's shirts, camisoles, blouses, skirts, women's dress pants, etc.
Marling is a 40-year-old woman and her business is the sale of new clothing, and Cira is 50 years old and her business is the sale of new clothing.
Este grupo está formado por tres socias emprendedoras de éxito una de ellas es Rosa mujer de 40 años, acompañada, con dos hijos, su negocio es la venta de ropa nueva desde hace 7 años, sus productos los comercializa ambulantes en empresas privadas y a su comunidad. El crédito lo solicita para la compra de ropa nueva como pantalón de varón, pantalón de mujer, camisas de varón, camisolas, blusas, faldas, pantalón de vestir de damas, etc. Marling es una mujer de 40 años de edad y su negocio es la venta de ropa nueva y Cira tiene 50 años de edad y su negocio es la venta de 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.