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Santiago Felipe
Santiago, 36, is an enterprising micro businessman; he has two children. He’s owned a poultry farm for 8 years where he raises and butchers chickens; he sells the meat to various local markets. His goal is to build an additional coop to raise more chickens to produce up to 1800 pounds of chicken meat weekly. This will increase production and lower costs. He will use the loan to buy Purina animal feed.
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Santiago es un microempresario emprendedor de 36 años de edad, con dos hijos, es propietario de una granja avícola con 8 años de experiencias el cual produce y destaza los pollos y vende la carne a diferentes mercados de la localidad, su meta es construir una galera más que le permita criar más pollos y producir en la semana hasta 1800 libras de carne de pollo, eso le permite mayor producción y baja en sus costos , el crédito lo invertirá en la compra de comida para animales como purina de engorde y crecimientos.

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
  • 115
    View loans »
    Nicaragua Loans Fundraising
  • $23,803,650
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Santiago Felipe to buy chicken feed.
100% repaid
Repayment Term
4 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 26, 2012
Listed
Nov 3, 2012
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012