The communal bank Los Jardines is in its ninth loan cycle. They are from the Capulín community on the highway to Granada. They are humble people, yet entrepreneurial. They have a primary school education, which allows them to be very expressive. They have convinced the superintendence of the market to assign them a wooden stretch to sell their products, which they purchase for each season and sell retail at the Masaya market. Their loans have been invested in the purchase of seasonal fruits and vegetables. The loan with ADIM has given the group the opportunity of improving their standard of living, as on top of investing in their businesses, they have been able to use their profits to improve their houses. Mrs. Lissette is the mother of two children and does not count on support from their father. She believes that thanks to ADIM, she has been able to face life and cover the basic, necessary costs for her family. Also, it has permitted her children to go to school. She hopes that her children will not be touched by her same fortune, and therefore she is most determined to further her children’s studies. This communal bank has been trained by ADIM in business administration, which has allowed them to be successful in the repayment of their loans. Their dream is to obtain a farm for them to plant fruits and improve their profits. In order to do that, they have decided to save and manage their money.
El g/s LOS JARDINES ellos están en su noveno ciclo son de la comunidad del capulín carretera agranada, son personas humildes pero emprendedoras, tiene la primaria aprobada y eso les permites ser bien expresivas y han logrado que la intendencia del mercado les asigne un tramo de madera para la venta de sus productos ellos compran cosechas de temporadas y las venden al detalle en el mercado de Masaya. Sus créditos los han invertidos en la compra de cosechas de frutas y vegetales de temporada.
Con el crédito de adim han tenido la oportunidad de mejorar el nivel de vida de su familia, ya que con las ganancias además de invertir en sus negocios también han realizado mejoras en sus hogares. Doña Lissette es madre de dos hijos y no cuenta con ningún tipo de apoyo del padre de los mismos. Considera que gracias a ADIM ha podido enfrentar la vida y cubrir las necesidades básicas de su familia y le ha permitido a sus hijos asistir a la escuela. Ella sueña con que a ellos no les toque la misma suerte por lo que su mayor empeño está puesto en que avancen en sus estudios. Este g/s ha sido capacitado por ADIM en la administración de su negocio lo que le ha permitido ser exitosos en el mismo pues cumple con sus cuotas en tiempo y forma. Su sueño es de llegar a obtener una finca para poder ellos sembrar las frutas y obtener mayores ganancias, para lograrlo se han propuesto ahorrar y administrar bien el dinero.
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.