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Gioconda Del Socorro
Gioconda is a woman of few economic means. She has had to work hard to support her family. She has the support of her husband who works as courier.

Gioconda's business is selling enchiladas and 'buñuelos' (fritters). She does this every day as an itinerant street vendor. She has been selling for a few years. Before she took up selling, she used to have a permanent job.

Gioconda will use this new loan to replace her roof. She will buy sheets of corrugated metal, roofing beams and bolts. It is very satisfying for Gioconda to be able to make improvements to her home. She used her last loan to improve a room and she hopes to continue making improvements, through loans from Afodenic, so that she can have a decent home.
View original language description ↓
Gioconda es una mujer de recursos económicos pobre, pues ha tenido que trabajar mucho para poder apoyar a su familia. Cuenta con el apoyo de su esposo que labora como mensajero.
Hoy en día su negocio es la venta de enchiladas y buñuelo que lo hace de forma ambulante cada día, teniendo un años en las ventas, ya que anteriormente tenía un trabajo fijo.
Con este nuevo crédito cambiara su techo, en donde comprara láminas de zinc, golosos, perlines. Lo que para ella es de gran satisfacción poder hacer las mejoras a su casa con el crédito anterior mejoro un cuarto, y que espera seguir mejorando para una vivienda digna atreves de los financiamientos de 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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Nicaragua

  • $3,636
    Average annual income
  • 176
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • 21.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Gioconda Del Socorro to replace her roof. For this work she will buy sheets of corrugated metal, roofing beams and bolts.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 10, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011