This group consists of three businesswomen. One of them is Emilsa who is 21 years old and single. For the last 5 years she has been in business selling perfumes such as Mary Kay and Revlon as well as assorted new clothing for adults. She will use this loan to buy Guess and Chanel perfumes as well as men's and women's trousers, assorted shirts, camisoles, shorts etc.
Blanca is 20 years old and her business sells school products, shoes, fried food and fizzy drinks.
Estelvina is 36 years old and she is in business selling food and tortillas.
Este grupo está formado por tres socias empresarias una de ellas es Emilsa mujer de 21 años de edad, soltera su negocio es la venta de cosméticos de Mary Kay, Reblon, ropa variada y nueva para adultos desde hace 5 años consecutivas. Este crédito lo invertirá en la compra de perfumen Guess, Chanel, ropa pantalón de varón, pantalón de mujer, camisas variadas, camisolas, chores etc. Blanca tiene 20 años de edad su negocio es la venta de productos escolares, fritanga, gaseosas zapatos, Estelvina tiene 36 años y su negocio es la venta de comida y tortilla.
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.