Check out some available loans that are similar to this one!
Damarys De Los Angeles

Update on Damarys De Los Angeles

Damarys, 41, is an enterprising and tenacious woman. She is married with two minor children aged 17 and 4 years. Her business is selling shoes, clothing, soft drinks, ice, and ice cream which she has done for 6 years. She has been a client of this institution for 6 years. The loan she requests is necessary for the purchase of merchandise such as pants, shirts, skirts, shorts, blouses, sandals, boxers, bikinis, bras, and others.
View original language description ↓
Damarys es una mujer emprendedora y luchadora de 41 años, casada, con dos hijos menores de edad, de 17 y 4 años, su negocio es la venta de zapatos, ropa, gaseosa, hielo, helados desde hace 6 años. Tiene de ser cliente de la institución 6 años. El crédito lo requiere para la compra de mercadería como pantalones, camisas, faldas, shores, blusas, sandalias, bóxer, biquinis, brasieres, etc.

Previous Loan Details

Damary's is a successful client who is 41 years old, married with two teen children, and has spent six years in her business of selling clothing to neighbors and community inhabitants. She has been a client for six years and has had several loan cycles that she has paid off well. She will use… More from Damarys De Los Angeles'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

  • $3,636
    Average annual income
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $23,451,300
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Damarys De Los Angeles to purchase merchandise such as pants, shirts, skirts, and more.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2013
Listed
Nov 18, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014