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Jairo Santiago
Jairo is a 35 year old successful micro-business man. He is married and has 3 minor children, aged 2, 9 and 12. For two years, his business has been offering disk jockey services for events such as birthday parties, weddings, baptism, first communions, etc. The loan he is asking for is to put up an outside wall at his house. This is to offer more security for his family and children. The materials he will acquire are limestone, blocks, cement, iron rods, pine boards, sand, to pay for labor costs, etc.
View original language description ↓
Jairo es un microempresario de éxito con 35 años de edad, casado, con tres hijos menores de edad de 2, 9 y 12 años respectivamente, desde hace dos años su negocio es de brindar servicios de música disco a eventos de cumpleaños, bodas, bautismo, comuniones, etc. el crédito que solicita es para levantar un muro perimetral en su casa de habitación esto es con el fin de brindar mejor seguridad a su familia e hijos. Los materiales a adquirir son piedras canteras, bloques, cemento, hierro, tablas de pinos, arena, piedrín, pago de mano de obras etc.

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
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $23,451,300
    Funds lent in using Kiva
  • 24.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Jairo Santiago to buy construction materials such as limestone, blocks, cement, iron rods, pine boards, gravel and to pay for labor costs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Covered
Ended:
Mar 17, 2014