Check out some available loans that are similar to this one!
Maríela

Update on Maríela

Mariela works in the fast food business and has had a beauty salon for 6 years. She will invest the loan in both businesses.

She has two children, who are 19 and 12 years old. She purchased display cases and products with the previous loan.
View original language description ↓
La señora Mariela quien se dedica al comercio de comida rápida y tiene un salón de belleza desde hace 6 años, negocios en lo que invertirá el crédito. Ella tiene dos hijos de 19 y 12 años de edad.
Ella con el crédito anterior compro vitrinas y productos.

Previous Loan Details

Mrs. Mariela Martina is a hard working woman and entrepreneur. She is 37 years old and has sold fast food (hot dogs, hamburgers, sandwiches) for a living for the past three years. She also has a beauty salon which has helped her get her two children, 18 and 12 years old, ahead. She will invest... More from Maríela'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.

About Nicaragua

  • $3,636
    Average annual income
  • 92
    View loans »
    Nicaragua Loans Fundraising
  • $24,384,075
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Maríela to buy merchandise for both businesses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 25, 2012
Listed
Aug 2, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013