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María Magdalena
María Magdalena is a hard-working, entrepreneurial and enthusiastic woman. She is a teacher and vice principal of Ane Fran School in the community of Palo Quemado. She is a popular teacher and an excellent client.

María Magdalena has been working as a teacher for more than 10 years and she has gradually managed to get her children ahead in life. She will use her loan to cover her children's education expenses and also some very important and necessary household expenses.
View original language description ↓
La señora María Magdalena es una mujer trabajadora, emprendedora y entusiasta. Ella es docente y subdirectora del colegio Ane Fran en la comunidad Palo quemado, además es maestra popular y una excelente clienta.
María Magdalena por más de 10 años se ha desempeñado como maestra y poco a poco ha sacado adelante a sus hijos. Su crédito es de consumo el cual utiliza para la educación de sus niños y suplir algunas necesidades del hogar que sea de gran importancia.

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

  • $3,636
    Average annual income
  • 100
    View loans »
    Nicaragua Loans Fundraising
  • $24,397,050
    Funds lent in using Kiva
  • 22.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped María Magdalena to cover her children's education expenses and also some household expenses.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2011
Listed
Jun 17, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012