Mariela Del Carmen
Update on Mariela Del CarmenMaricela is an enterprising woman. She is 29 years old, married, and has three children who are two, three, and thirteen years old, respectively. She has been the owner of a grocery store and Internet cafe for ten years. She also sells new clothing and Avon and Vogue cosmetics. She has been a client of our institution for ten consecutive years and has shown responsibility and timeliness in her payments.
Her husband helps her manage her Internet cafe business. With the previous loan she was able to purchase two computers and a copy machine, and also invested in more products for her grocery store. She will invest this loan in purchasing grains like rice and beans, sugar, oil, beef, chicken, salt, and commonly used medications. She will also make home improvements in order to have a better business location for her grocery store. She will buy construction materials like cement, sand, blocks, gravel, iron, etc.
Previous Loan DetailsMariela del Carmen is a hardworking and enterprising woman who started in ADIM in the Paraisito group. She has now moved on to individual loans with the purpose of continuing to progress, and reaching her goal, which is to have a general store. Nine years ago, Mariela opened her convenience... More from Mariela Del Carmen's previous loan »
About ADIMLocated 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.
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Success!! The loan was 100% repaid