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Teresa Del Socorro
Teresa del Socorro has in her house a factory for leather belts of different styles and brands for all ages. She has performed this activity for three years independently. This business is a product of inheritence from her parents who were dedicated to this work their whole lives. The loan will be invested to buy raw material like leather, buckles, brooches, etc. She has three employees who she pays for production. Her husband is in charge of the production process and both support selling the product to different markets in the capital.
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Teresa del Socorro en su domicilio tiene un taller de fábrica de fajas de cueros con diferentes estilos, marcas, para todas las edades. Actividad que realiza desde hace 3 años independientes este negocio es producto de herencias de sus padres que toda la vida se han dedicado a esta actividad.
El crédito lo invertirá para la compra de materia prima como el cuero, hebillas, broches etc. Cuenta con tres empleados quienes les pagan por producción. Su esposo está de lleno en el proceso productivo del negocio y ambos se apoyan para la comercialización del producto a los diferentes mercados de la capital.

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
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $23,659,150
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Teresa Del Socorro to invest in raw material like leather, buckles, brooches, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 29, 2012
Listed
Nov 4, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013