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Aventura Group
In this Group: Yaneris Del Carmen, Mayling Del Carmen, Patricia Del Carmen

Update on Aventura Group

Señora Mayling manages the communal bank. She is 27-years old, married and the mother of two children, who are 10- and 6-years old respectively. She earns her living making children's and adult shoes using synthetic materials. Señora Mayling learned the trade from her parents, who also worked in that sector. She wants this loan to purchase materials like synthetic leather, glue, soles, buckles and other items. The other members of the communal bank are señora Patricia, who is 23-years old and sells Avon cosmetics, and Yaneris, who is 25-years old and sells costume jewelry.
View original language description ↓
Dirigido por la señora Mayling con 27 años de edad, casada, madre de dos hijos en las edades de 10 y 6 años, se dedica a la elaboración de calzado de niños, adultos con material sintético, oficio heredados de los padres quienes han trabajado en este sector, desea adquirir este préstamo para comprar materiales como cuero sintético, pega, suelas, hebillas, entre otros. El grupo además integrado por la señora Patricia de 23 años la cual comercializa cosméticos AVON y socia Yaneris de 25 años vende bisuterías.

Previous Loan Details

This group consists of three enterprising members. Yaneris, 24, is one of them. She’s single with a 7-year-old son. Her business for the last four years has been making and selling costume jewelry. She and her mother sell the items in her community. She needs the loan to buy supplies like st... More from Aventura 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
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $25,075,600
    Funds lent in using Kiva
  • 26.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Aventura Group's $825 loan helped a member to invest in materials like synthetic leather, glue, soles, buckles, shoe adornments etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Mar 7, 2014
Mar 23, 2014
Currency Exchange Loss:
Oct 17, 2014