This group is made up of three hardworking members. One of them is Pilar who is a 43-year-old woman and has a partner. For four years she has had a business selling cosmetics. She sells her products to neighbors who live near her home as well as to private and public company employees. She will invest this loan in the purchase Avon cosmetics like men's and women's scents, nail polish, lipsticks, eye liners, men's lotions, as well as facial, hand, foot, and body creams.
Darling is 27 years old and also has a business selling Avon cosmetics. Aura is 34 years old and she has a business selling new clothing.
Este grupo está formado por tres socias emprendedoras una de ellas es Pilar mujer de 43 años de edad, acompañada, desde hace 4 años su negocio es la venta de cosméticos, sus productos los comercializas a vecinos cercanos a su domicilio, trabajadores de empresas públicas y privadas, este crédito lo invertirá en la compra de cosméticos de la Avon como perfumen de varón, perfumen de damas, pinturas de uñas, pinturas de labios, delineadores, lociones de varón, cremas faciales, cremas para manos, cremas para cuerpos, cremas para pies etc. Darling tiene 27 años de edad y su negocio es la venta de cosméticos de la Avon también y Aura tiene 34 años de edad y su negocio es la venta de ropa nueva.
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.
A portion of Victoriana Group's $850 loan helped a member to purchase Avon cosmetics like men's and women's scents, nail polish, lipsticks, eye liners, men's lotions, as well as facial, hand, foot, and body creams.