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Magda
Mrs. Magda Auxiliadora A. is a hard working, dedicated, enterprising woman. She blushingly told us that she has a small lean-to where she has sold a bit of everything for 10 years. She sells rice, sugar, candy, snacks (corn puffs, tortilla chips, cookies, cakes, frozen treats, etc.) She is 63 years old, widowed and has three adult children.
View original language description ↓
La señora Magda Auxiliadora A. es una mujer trabajadora, esforzada y emprendedora quien tiene un pequeño caramanchel donde vende de todo un poco desde hace 10 años dijo mientras se sonrojaba. Ella comercializa arroz, azúcar, dulces, chiverías (meneíto, tortillitas, galletas, tortas, fresquito etc.) etc.
Esta señora de 63 años es viuda y tiene tres hijos los cuales son mayores.

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.

About Nicaragua

  • $4,800
    Average annual income
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,589,825
    Funds lent in using Kiva
  • 22.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Magda in products like basic grains and snacks.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 25, 2011
Listed
Feb 26, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 16, 2011