This group is made up of three hard-working members. One is Johana, a 29-year-old woman who has four children aged 15, 9, 8, and 2. She sells used clothing and has sold Avon cosmetics by catalog for the past three years. Her sister helps her with distribution in the free-trade zone. She has been a client of the institution for two years. The loan is being requested so she can buy underwear such as underpants, bras and boxers, and school uniforms.
Ingrid is a 21-year-old woman who sells cosmetics and Osmar is a 34-year-old man whose business is agriculture.
Este grupo está conformado tres socios luchadores uno de ellos es Johana mujer de 29 años de edad, acompañada con cuatro hijos de 15, 9 ,8 y 2 años. Su negocio es la venta de ropa usada y cosméticos por catálogo de Avon desde hace 3 años. Su hermana le ayuda a distribuir en la zona franca. Tiene de ser cliente de la institución 2 años, el crédito lo solicita para comprar ropa interior como blumers, brasieres, bóxer y uniformes escolares. Ingrid mujer de 21 años de edad su negocio es la venta de cosméticos generales y Osmar hombre de 34 años de edad y su negocio es la agricultura.
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.