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Adonay Group
In this Group: Perla Marina, Miriam Del Carmen , Scarlet De Los Ángeles

Update on Adonay Group

The Adonay group is made up of three hard-working and enterprising women. One of them is Perla Marina, who started her small grocery store 22 years ago by selling dairy products. Today she sells a little bit of everything including basic grains, meat, chicken, perishables, cleaning products, and cosmetics. She will invest the loan in the purchase of these products. The other members of the group are Miriam del Carmen, who sells cosmetics, and Scarleth, who has a tire repair shop.
View original language description ↓
El grupo Adonay lo conforman tres mujeres trabajadoras y emprendedoras una de ellas Perla Marina la cual hace 22 años inicio su pulpería con la venta de chiverías actualmente vende de todo un poco desde granos básicos, carne, pollo, perecederos, productos de limpieza y cosméticos en los cuales invertirá el crédito.
Las otras integrantes son Miriam del Carmen se dedica al comercio de cosméticos y Scarleth quien tiene una vulcanización.

Previous Loan Details

The Adonay group is made up of three hard-working and entrepreneurial women. One of them is 39-year-old Perla Marina who owns a grocery store which she has been running for two years. Her mother started the grocery store and she kept it going together with her husband. Perla Marina has two c... More from Adonay 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
  • 59
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,550
    Funds lent in using Kiva
  • 23.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of Adonay Group's $1,425 loan helped a member to buy basic grains.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Feb 16, 2012
Feb 26, 2012
Currency Exchange Loss:
Aug 16, 2012