There are three members who make up this group of enterprising and successful women. One of them is Yorleni, a 28-year-old single woman. Her business is selling mobile phone accessories, which she has been doing for five years. She began by selling top-up vouchers for mobile phones. She sells her products at a market in her area. She will invest the loan in purchasing accessories, such as hard cases, universal chargers, soft cases, and wallet-style cases. Paubla is a 23-year-old woman whose business is selling clothes, and Lourdes is 30 years old and also sells clothes.
Tres son las socias que conforman este grupo mujeres emprendedoras de éxito una de ella es Yorleni mujer de 28 años de edad, soltera su negocio es la venta de accesorios de celulares el cual lleva cinco años consecutivos inicio vendiendo recargas electrónicas de saldo aire para celulares ella misma comercializa sus productos en el mercado de su localidad, el crédito lo invertirá en la compra de accesorios como carcasas, cargadores universales, estuches, cartucheras etc. Paubla es una mujer que tiene 23 años su negocio es la venta de ropa y Lourdes tiene 30 años y su negocio es la venta de ropa.
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.