This group comprises three members, one of whom is Keylin. She is 25 years old and single. She runs a business selling used clothes. Her mother helps her sell her products. She is requesting this loan to buy bundles of various items of clothing in good condition. She will buy mixed bundles, bundles of shirts, bundles of jeans, etc.
María is another member. Her business is making and selling tortillas. She is 33 years old. And Perla, who is 35 years old, is a member. Her business is the sale of “nacatamales” (Nicaraguan tamales).
Este grupo está formado por tres socias una de ellas es Keylin tiene 25 años de edad, soltera y su negocio es la venta de ropa usada, su mama le ayuda a vender el producto, el crédito lo solicita para comprar paca de ropa variada en buen estado, paca mixtas, pacas de camisas, pacas de pantalón jean etc. María es otra de las socias y su negocio es la hecha y venta de tortillas tiene 33 años y Perla tiene 35 años y su negocio es la venta de nacatamales.
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.