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Norma Del Socorro
Norma del Socorro L. L. is 45 years old and lives in the Laureles Sur neighborhood. She is the single mother of 4 grown children. She works selling American clothing, pieces of pork and beef, and other products.

She is grateful to Kiva because thanks to the loans she has received, she has been able to invest in her business on several occasions and also improve the infrastructure of her home. She is now requesting another loan which she will use to buy clothing, meat and household products, to increase the inventory of her business, since she has observed that customer demand has increased. At the same time, she would also like to carry out some repairs to the living room of her home; accordingly, she will invest in construction materials for this project. She is thankful for the support provided to her in previous years, since she has seen a positive change in her living conditions thanks to her loans with Afodenic.
View original language description ↓
La señora Norma del Socorro L. L., tiene 45 años vive en el Barrio Laureles Sur, es madre soltera de 4 hijos mayores de edad, ella se dedica a la venta de ropa americana, destazo de cerdo y res, y otros productos que comercializa.

Ella se siente agradecida con Kiva porque gracias a los prestamos, ha podido invertir en su negocio en reiteradas ocaciones y mejorado la infraestructura de su hogar, ahora ella solicita otro crédito para utilizarlo en la compra de ropa, carne y productos domésticos, para aumentar el inventario de su negocio, debido a que ha observado, que su demanda se le ha incrementado, asi mismo quiere realizar unas reparaciones en la sala de su vivienda de tal manera que invertira en la comprad e materiales de construccion para dicho obra, agradece el apoyo brindado en los años pasados ya que a surgido un cambio en sus condiciones de vida, gracias a los prestamos que ha tenido con Afodenic.

Additional Information

About AFODENIC

This loan is administered by AFODENIC, La Asociación para el Fomento al Desarrollo Nicaragua, a Kiva Field Partner based in Managua, Nicaragua. Founded in 1999, AFODENIC was created to promote the socio-economic and cultural development of sectors that are excluded from commercial banking. Integrating economic and human resources, AFODENIC offers affordable and adaptable financial services aimed at strengthening the family unit of their clients, who include students, producers, and micro- and small entrepreneurs from rural and urban areas. AFODENIC is a socially responsible institution engaged in society and making a positive impact on its professional partners and communities.

Supporting a borrower through AFODENIC contributes to the pursuit of innovation in mitigating poverty in Nicaragua. Visit AFODENIC’s partner page for more information.

About Nicaragua

  • $3,636
    Average annual income
  • 87
    View loans »
    Nicaragua Loans Fundraising
  • $23,715,900
    Funds lent in using Kiva
  • 20.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Norma Del Socorro investing in her business and buying construction materials.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 9, 2010
Listed
Mar 19, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2011