The group is formed of three entrepreneurial members, one of whom is Norlan, a young man of 19, single. For two years, his business has been selling new clothes. He sells his products on the north side of the country. He has an employee who helps him sell. He is requesting the loan to purchase merchandise such as men's pants, women's pants, shorts, and underwear such as thongs, bras, socks, bikinis, etc. Marlon is a 28-year-old man. His business is building furniture. Hayda is a 28-year-old woman, and her business is a grocery store.
Grupo formado por tres socios emprendedores uno de ellos es Norlan joven 19 años de edad, soltero, su negocio es la venta de ropa nueva desde hace 2 años, sus productos los comercializa al lado del norte del país. Tiene una trabajadora que le ayuda a vender. El crédito lo solicita para comprar mercadería como pantalones de varon ,pantalones de damas, camisas de varon, chores, ropa interior como tanga, brasieres, talladores, calcetines, biquinis, etc. Marlon hombre de 28 años de edad, su negocio es la elaboración de muebles y Hayda mujer 28 años de edad y su negocio es 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.