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Jorge Israel
Jorge is an entrepreneurial man who is 31 years old, and married with a young 4-year-old son. For the past 3 years, his business has been a convenience store in his community. He had the opportunity to start this business with his own capital. His mom and a cousin help him, helping customers who arrive to purchase. For the past year he has been a client of the institution. He needs the requested loan in order to invest in chemical products like disinfectants, bleach, Pine-sol cleaning product, and toilet paper, to sell them in a tax-free zone.
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Jorge es un hombre emprendedor de 31 años de edad, casado con un hijo menor de 4 años. Su negocio es una pulpería en su comunidad desde hace 3 años, tuvo la oportunidad de comenzar este negocio con un capital propio le ayudan su mama y una prima atendiendo a los clientes que llegan a comprar. Desde hace 1 año es cliente de la institución. El crédito solicitado lo requiere para invertir en productos químicos como es la creolina, cloro, pinesol, papel higiénico para venderlos en la zona franca.

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
  • 172
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,250
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Jorge Israel to purchase chemical products like air fresheners, disinfectants, bleach, Pine-sol cleaning products, toilet paper, etc.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2013
Listed
Aug 17, 2013
Currency Exchange Loss:
Covered
Ended:
May 17, 2014