This group is made up of three hardworking women. Antonia is 47 years old, married, and she has been selling merchandise for 13 years. She is asking for this loan to buy cases of soft drinks, Coca Cola, Pepsi, Big Cola, Plata rum, etc. Angela is 31 years old and sells corn products such as yoltamal and cooked corn. Angelica is 21 years old and has a store.
Grupo formado por tres mujeres trabajadoras una de ellas es Antonia mujer de 47 años de edad, casada, su negocio es la venta de productos varios desde hace 13 años. El crédito lo está solicitando para la compra de inventario como cajillas de gaseosas, coca cola, Pepsi, big cola, ron plata, etc. Angela tiene 31 años su negocio es la venta de derivados del maíz como yoltamal, elote cocido y Angélica tiene la edad de 21 años 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.