The group is made up of three members, one of whom is Janette, 44 years old. She is single and has three children 18, 16, and 14 years old. For the past two years, she has made a living selling a variety of clothing. She will use the loan to buy clothing such as men's and women's pants and shirts, tank tops, shorts, skirts, children's outfits, and so on. Aura, another member, sells fried foods, and Lisseth is 18 years old and sells clothing.
Grupo formado por tres socias una de ellas es Jannette, mujer de 44 años de edad, soltera con tres hijos de 18, 16 y 14 años, su negocio es la venta de ropa nueva y variada, desde hace dos años, el crédito lo invertirá en la compra de ropa como pantalón de varón, pantalón de mujer, camisas de varón, camisolas, chores, faldas, camisas de damas, trajes de niños etc., Aura es otra de las socias su negocio es la venta de fritanga y Lizeth tiene 18 años y su negocio es la venta de ropa.
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.