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Cupido Group
In this Group: Raquel De Los Angeles, Maria De Jesus, Nubia Azucena
This group consists of three enterprising members who have businesses that involve selling chicken. Such is the case with María de Jesús. She is 44 years old, married, and has been in business for 10 years. Her loan will be invested in the purchase of chicken.


Nubia manages a grocery store and Raquel sells Nicaraguan tamales.

View original language description ↓
Grupo formado por tres socias emprendedora que se dedican a la comercialización de venta de pollo ese es el caso de María de Jesús de 44 años, casada y esta actividad la viene realizando desde hace 10 años el crédito lo invertirá en la compra de pollo, Nubia tiene una pulpería y Raquel vende nacatamales.

Additional Information

About ADIM

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.

About Nicaragua

  • $3,636
    Average annual income
  • 74
    View loans »
    Nicaragua Loans Fundraising
  • $23,416,850
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Cupido Group's $1,900 loan helped a member to buy chicken to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2012
Listed
Nov 4, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013