Irene is one of the four entrepreneurial women who make up the Mujeres Soñadoras group. She is 37 years old and is married with three children aged 20, 14 and 4. For a year and a half she has had a business selling new clothing.
Irene is asking for the loan to buy merchandise such as trousers, blouses, shirts, shorts and children's clothing.
Ana is 25 and has a business selling nacatamales; Anita is 30 and makes a living selling clothing and 57-year-old Dominga makes a living selling nacatamales and soup.
Irene es una de las cuatro mujeres emprendedoras de negocio que forman el grupo de mujeres soñadoras, tiene 37 años, casada, con tres hijos de 20, 14 y 4 años de edad, su negocio es la venta de ropa nueva desde hace año y medio. El crédito lo está solicitando para la compra de mercadería como es pantalones, blusas, camisas, shores, trajes de niños. Ana tiene 25 años su negocio es la venta de nacatamales, Anita de 30 años se dedica a la venta de ropa, Dominga tiene 57 años se dedica a la venta de nacatamales y sopa.
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.