This group is composed of three members. Dania is 36. Her business is the sales of new and used clothing. She has owned her business for 4 years and previously she worked in private businesses. She has been a client of the institution for 4 years. She will invest the loan in the purchase of bundled clothing - a bundle of jeans, a bundle of children's clothing and a mixed bundle.
Mariana is 56 and she owns a convenience store. Isabel is 50 and she owns a sewing shop and a convenience store.
Grupo formado por tres integrantes, Dania tiene 36 años su negocio es la venta de ropa usada y ropa nueva y variada, tiene 4 años de tener su negocio y anteriormente se dedicaba trabajar a empresas privadas, tiene 4 años de ser cliente de la institución. El crédito lo invertirá en la compra de ropa de paca de pantalón jeans, paca de ropa de niño y paca mixta, Mariana tiene 56 años y su negocio es una pulpería e Isabel tiene 50 años y su negocio es la de un taller de costura y una pulpería.
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.