This group is made up of three enterprising members. One member is Ana. She is 29 years old and has a partner and two children, aged nine and eight years old each. Ana's business is a grocery store that she runs out of her home. She has had this business for five years and both she and her mother tend to the shop. Ana needs a loan to buy basic goods, such as rice, oil, fizzy drinks, dairy products, red meat, chicken, and more. Kenia is 21 years old and has a business selling new clothes. Karen is 28 years old and she also has a grocery store.
El grupo lo conforman tres socias microempresarias una de ellas es Ana mujer emprendedora de 29 años de edad, acompañada, con dos hijos de 9 y 8 años, su negocio es una pulpería ubicada en su domicilio desde hace 5 años su mama y ella atienden el negocio. El crédito lo requiere para la compra de granos básicos como arroz, aceite, gaseosas, productos lácteos, carne de res, carne de pollo, etc. Kenia joven de 21 años de edad su negocio es la venta de ropa nueva y Karen mujer de 28 años de edad 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.