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Raquel's Group
In this Group: Raquel, Reyna, Andrea
The group is formed of 3 hardworking and driven women. One of them is Raquel who is married and has 3 children. She has been selling milk and curd for 8 years. She will use the loan to buy dairy products.
The other members are Reyna Isabel who sells clothes in a small kiosk, and Andrea who has been selling fish for 2 years.
View original language description ↓
El grupo lo conforman tres mujeres trabajadoras y emprendedoras una de ellas es Raquel quien está casada y tiene tres hijos. Ella se dedica a la venta de leche y cuajada desde hace 8 años negocio en el que invertirá el crédito con la compra de productos lácteos.
Las otras integrantes son Reyna Isabel quien vende ropa y tiene un pequeño kiosco y Andrea se dedica a la venta de pescado desde hace 2 años.

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

  • $4,800
    Average annual income
  • 42
    View loans »
    Nicaragua Loans Fundraising
  • $26,238,100
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD
A portion of Raquel's Group's $975 loan helped a member buy dairy products such as milk and curd.
Repayment Term
9 months (Additional Information)
Repayment Schedule
May 10, 2012
Jun 7, 2012
Currency Exchange Loss:
Jul 7, 2012