Miriam Del Socorro Palacios


Status: Paying Back

$300.00   Loan Amount
14% repaid

About the Entrepreneur

Name: Miriam Del Socorro Palacios
Location: Managua, Nicaragua
Activity: Tailoring

About the Loan

Loan Amount: $300.00
Loan Use: Buy various fabric, thread, and others
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 3, 2009
Date Disbursed: Aug 31, 2009
Date Funded:Sep 5, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:20.5089 NIO = 1 USD



Miriam del Socorro is 46. She has 11 years of experience sewing. She has a tailor’s shop. When she was young, her mother had her study a course on sewing so that she could take care of herself. She is grateful because this has been her source of income in life. She lives in the Villa Reconciliación neighborhood in the capital of Managua. She lives with her husband, who is also a tailor. They have been able to mutually support each other to meet the household needs. They have two children, 20 and 22. They work and go to school.

With this loan she wants to buy various fabrics, thread, and other necessities for sewing. They also need to buy another industrial sewing machine to improve the business. She will do that through another loan from the institution. She expects to be able to get the necessary income, be able to pay the loan on time as agreed upon, and have the opportunity for other loans.


Translated from Spanish by Ginny Kalish, Kiva Volunteer


Doña Miriam del Socorro tiene 46 años de edad, con once años de experiencia en la costura, pues tiene una sastrería, desde joven su mama la puso a estudiar un curso de costura para que se pudiera defender en la viada el cual le agradece en vida ya que ha sido su fuente de ingreso. Reside en el barrio Villa Reconciliación en la capital de Managua junto con su esposo que también es sastre y han logrado apoyarse mutuamente para poder sastifacer las necesidades del hogar. Tienen dos hijos de 20 y22 años los cuales trabajan y estudian. Con este crédito lo quiere para comprar telas variadas, hilos y otros que necesitan para hacer la costura. También necesita comprar otra maquina de coser industrial para mejor funcionamiento del negocio lo cual lo hará mediante otro crédito que le permita la institución, espera poder obtener las ganancias necesaria y poder pagar el crédito en tiempo y forma y tener la oportunidad de los financiamiento.


Subscribe

Lenders to this entrepreneur

Maria
Fremont, CA
United States

vikram
CLIFTON PARK, NY
United States

Don
Ocean Springs, MS
United States

Chris
Newport News, VA
United States

Paul
Bexleyheath, Kent
United Kingdom

Lady Lodge Systems
Kings Cliffe, East Northamptonshire
United Kingdom

Kimberly
Woodstock, GA
United States

Anonymous
Amherst, NY
United States

Anonymous
New York, NY
United States



Top Lending Teams for this entrepreneur


Scotland
Local Area
102 Members

Team Virginia
Local Area
274 Members

Ixion
Common Interest
14 Members

Journal entries for Miriam Del Socorro Palacios


Loan has been disbursed
 
Entrepreneur: Miriam Del Socorro Palacios
Location: Managua, Nicaragua

Thank you for your loan. It has been disbursed to Miriam del Socorro Palacios by AFODENIC in Nicaragua. We are excited to watch this business grow. Over the 8 months of this loan, AFODENIC will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Managua, Nicaragua
Sep 6, 2009
Comment on this entry

Kiva Help Repayment Schedule for Miriam Del Socorro Palacios

  Expected Repayments Actual Repayments Comments
December 2009 $37.50 $42.58 Repayment Received
January 2010 $37.50 Available Jan 1  
February 2010 $37.50 Available Feb 1  
March 2010 $37.50 Available Mar 1  
April 2010 $37.50 Available Apr 1  
May 2010 $37.50 Available May 1  
June 2010 $37.50 Available Jun 1  
July 2010 $37.50 Available Jul 1