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Jeronima Francisca

Update on Jeronima Francisca

Jerónima is a hard-working and enterprising woman who has a diversified business. She sells food, soups on Sunday and Monday, she rents some rooms, she has a little store, she sells handicrafts, etc. She will invest the loan in the businesses with the goal of getting ahead.
View original language description ↓
La señora Jerónima es una mujer trabajadora y emprendedora quien tiene un negocio diversificado vende comida, sopas los domingos y lunes, alquila unos cuartos, tiene una pequeña venta, vende artesanias etc. Ella invertirá el crédito en los negocios con el fin de salir adelante.

Previous Loan Details

Jerónima Francisca L. is a hardworking, honest, and courageous woman who has been selling handicrafts for twenty years. Her products are distributed to other countries in Central America including El Salvador, Honduras, Guatemala, Costa Rica, and Panama. Her loan will be used to buy merchandise... More from Jeronima Francisca'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.

About Nicaragua

  • $3,636
    Average annual income
  • 119
    View loans »
    Nicaragua Loans Fundraising
  • $24,043,075
    Funds lent in using Kiva
  • 23.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Jeronima Francisca to buy merchandise for each one of her businesses.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2012
Listed
Feb 9, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013