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O. Maria Group
In this Group: Reyna Josefina, Olga Del Carmen , Liliam Yolanda, Pedro

Update on O. Maria Group

This group is formed by four entrepreneurial members. One of them is Reyna, who is 40 years old and married with two young daughters, ages 16 and 12. She has had a business in her home for the last eight years, selling various items such as fruit drinks, soft drinks, frozen treats and ice. She is requesting the loan to buy raw material like melons, papayas, bananas, oranges, Spanish limes, nances and boxes of soft drinks of various flavors.

Liliam is 53 years old and her business is the sale of firewood, soft drinks and new clothing. Olga is 50 years old and her business is a bookstore and the sale of phone credit, soft drinks, clothing and shoes. Pedro is 60 years old and his business is the sale of tamales, soft drinks, food and soup.
View original language description ↓
Este grupo lo forman cuatro socios emprendedores uno de ellos es Reyna tiene 40 años de edad, casada, con dos hijos menores de 16 y 12 años, su negocio es la venta de variedades como fresco, gaseosa, helado, hielo en su domicilio desde hace 8 años, el crédito lo solicita para la compra de materia prima como frutas de melón, papaya, banano, naranja, mamon, nancite, cajillas de gaseosas de diferentes sabores. Liliam tiene 53 años de edad su negocio es la venta de leña, gaseosa y ropa nueva, Olga tiene 50 años su negocio es una librería y venta de recarga, gaseosa, ropa, zapatos, Pedro tiene 60 años y su negocio es la venta de nacatamales, gaseosa, comida y sopa.

Previous Loan Details

This group has four entrepreneurs as members. One of them is Reyna, 40, who sells natural beverages, ice and frozen treats from home. She’s been doing this for 8 years consecutively in her community and she’s well-known because of the product she sells. She has two children who help her ou... More from O. Maria 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
  • 36
    View loans »
    Nicaragua Loans Fundraising
  • $26,398,725
    Funds lent in using Kiva
  • 25.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of O. Maria Group's $800 loan helped a member to buy raw material like melons, papayas, bananas, oranges, Spanish limes, nances and boxes of soft drinks of various flavors.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Aug 23, 2013
Sep 27, 2013
Currency Exchange Loss:
Jan 18, 2014