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Lucrecia Evangelina

Update on Lucrecia Evangelina

Lucrecia is a successful small business person. She is 49, married, and her business is a sewing and embroidery workshop, a business that she has been doing for seven years. She will use the loan to buy raw materials such as individual lengths of cloth, elastics, silk lining, crochet supplies and thread.
View original language description ↓
Doña Lucrecia es una microempresaria de éxito, tiene 49 años es casada y su negocio es un taller de costura y de bordado, actividad que viene realizando hace 7 años, el crédito lo invertirá en la compra de materia prima como manta individual, elásticos, forro de sedas, crochet, hilo.

Previous Loan Details

Lucrecia is a hardworking, entrepreneurial woman who began her small and modest sewing workshop (embroidery, cotton shirts, suits, blouses, etc.) 6 years ago. She will invest the loan in raw material, crochet, accessories, decorations, etc. More from Lucrecia Evangelina'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
  • 70
    View loans »
    Nicaragua Loans Fundraising
  • $25,754,375
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Lucrecia Evangelina to buy raw materials such as individual lengths of cotton cloth, elastics, silk lining, thread, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 20, 2012
Feb 1, 2013
Currency Exchange Loss:
Nov 17, 2013