Check out some available loans that are similar to this one!
Vivian Del Socorro

Update on Vivian Del Socorro

Vivian del Socorro is a hard-working and enterprising woman who has had a carpentry workshop and been selling handicrafts for 11 years. She will invest the loan in wood, glue, paint, etc. to make entertainment centers, chairs, wardrobes, rocking chairs, etc.
View original language description ↓
La señora Vivian del Socorro es una mujer trabajadora y emprendedora quien desde hace 11 años tiene un taller de carpintería y vende artesanías desde hace 11 años. El crédito lo invertirá en madera, pega, pintura…etc. para realizar centro de entretenimientos, sillas, ropero, silla abuela…etc.

Previous Loan Details

Vivian is 34, and a hard-working, enterprising woman who has been selling handicrafts for nine years. She is married and has a 13-year-old son. She is applying for a "self-esteem" loan, which is allocated for the personal use of clients. In this case, she needs it have medical tests done, an... More from Vivian Del Socorro'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
  • 93
    View loans »
    Nicaragua Loans Fundraising
  • $24,389,050
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Vivian Del Socorro to buy wood, glue, paint, etc. to make entertainment centers, chairs, wardrobes, rocking chairs, etc.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2012
Listed
Jul 3, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 27, 2013