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Cumplidas Group
In this Group: Yovania, Concepcion , Silvia

Update on Cumplidas Group

This group is made up of three enterprising women. Concepción is 40 years old and runs an eatery out of her home. She’s been doing this for four years and she’s also the single mother of two children who help her with her business. She will use the money from this loan to buy grains such as rice, beans, sugar, cooking oil, beef, chicken, vegetables, and other perishables. She will also buy tables, plastic chairs, and will improve her kitchen’s infrastructure. Gyovania delivers lunches to a nearby health care center in her community. Silvia runs a general store out of her home.
View original language description ↓
Este grupo está formado por tres socias emprendedoras una de ellas es Concepción de 40 años de edad quien tiene un comedor en su domicilio actividad que viene realizando desde hace 4 años, tiene dos hijos es madre soltera tanto su mama y su hijo le ayudan en el negocio, el crédito lo invertirá en la compra de granos como arroz, frijoles, azúcar, aceite, carne de res , carne de pollo, verduras, perecederos además en la compra de activos fijos como mesa, sillas plásticas y mejorar la infra estructura de la cocina donde prepara el producto. Gyovania entrega almuerzos a un centro de salud cercano a la comunidad donde habita y Silvia tiene una pulpería en su domicilio.

Previous Loan Details

The Las Cumplidoras group is made up by Yovanita Juanita, Concepción de los Angeles and Silvia Elena, three hardworking and enterprising people. Yovania is the group’s coordinator and she works selling diverse products, including clothes, shoes, perfumes... etc, depending on the orders she gets.... More from Cumplidas Group's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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

  • $4,800
    Average annual income
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $25,075,600
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Cumplidas Group's $1,750 loan helped a member to buy ingredients, tables and chairs.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Oct 18, 2012
Dec 1, 2012
Currency Exchange Loss:
Jul 17, 2013
This photo was used before for a previous loan for Cumplidas Group. It was first posted on Kiva on Mar, 2012. Learn More