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Patricia Isabel

Update on Patricia Isabel

Patricia is a hardworking and enterprising woman. She is 38 years old, married with two children under her care. Her business is selling clothing, cheese, and baked beans. She has been doing this for six years. She is asking for a loan in order to buy merchandise such as blouses, dress shirts, dress pants, jeans, shorts, sandals and all styles of closed shoes.
View original language description ↓
Patricia es una mujer luchadora y emprendedora tiene la edad de 38 años, casada, con dos hijos bajo su cargo, su negocio es la venta de ropa, queso, frijoles cocidos, desde hace 6 años. Solicita el crédito para la compra de mercadería como blusas, camisas de vestir, pantalones de vestir, pantalones jeans, shores, sandalias y zapatos cerrados de todo estilo.

Previous Loan Details

Patricia is an entrepreneur. Her business is selling clothes, shoes and cooked beans. She’s been in this business for five years. She’s married and has two minor children to support. She will use this loan to buy clothes like men’s pants, women’s pants, women’s blouses, men’s shirts, face cre... More from Patricia Isabel'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
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $23,502,375
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Patricia Isabel to buy merchandise such as blouses, dress shirts, dress pants, jeans, shorts, sandals and and all styles of closed shoes.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2013
Listed
Nov 18, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014