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Santos Elvira

Update on Santos Elvira

Santos Elvira is a hard-working and enterprising woman from Masaya. For 8 years she has been selling meat. She will invest her loan in this business to purchase beef and pork among other items. Her goal is to have a large butcher shop.
View original language description ↓
La señora Santos Elvira es una mujer trabajadora y emprendedora originaria de Masaya. Ella desde hace 8 años quien se dedica al comercio de carne negocio en el que invertirá el crédito con la compra de carne de res y cerdo...etc. su meta es tener una gran carnicería.

Previous Loan Details

Señora Santos Elvira is a hard-working and entrepreneurial woman who is 48 years old. She works in cosmetics and has a butcher business which her husband began; when she started working there she took charge. With the loan, she will purchase meat and cosmetics, and her goal is to be able to h... More from Santos Elvira'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

  • $4,800
    Average annual income
  • 63
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 23.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Santos Elvira to buy meat.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Mar 16, 2012
Apr 15, 2012
Currency Exchange Loss:
Aug 16, 2012