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Aida Luz

Update on Aida Luz

Ayda is a hardworking and enterprising woman who has earned her living for the past seven years by selling fruits and vegetables. This business has been getting better thanks to her hard work and the loans.

Ayda's goal is to progress and grow in her business.
View original language description ↓
Ayda es una mujer trabajadora y emprendedora quien se dedica al comercio de verduras y frutas desde hace 7 años. Este negocio lo ha ido mejorando gracias a su ardua labor y los créditos.
La meta de Ayda es aumentarlo y progresar.

Previous Loan Details

Aida is a hardworking and enterprising woman who, for the past eight years, has been making a living by selling fruits and vegetables. She will use the loan to purchase manioc, cabbage, tomatoes, mangoes, oranges, etc. She has three grown-up children and wishes to keep on working and believing in... More from Aida Luz'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

  • $4,800
    Average annual income
  • 65
    View loans »
    Nicaragua Loans Fundraising
  • $25,083,125
    Funds lent in using Kiva
  • 23.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Aida Luz to purchase manioc, cabbage, tomatoes, mangoes, oranges, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 18, 2012
Sep 3, 2012
Currency Exchange Loss:
Feb 15, 2013