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Janett Del Socorro

Update on Janett Del Socorro

Janett Del Socorro is 46 years old and has a sewing workshop, which she has had for the last 14 years. Janett is a responsible person who is dedicated to her work. She started in this line of business when she was young by helping her mom in her free time.

She is requesting this loan for the purchase of fabric, thread, zippers, buttons, and scissors for making uniforms and clothing.

Her dream is to grow her business to satisfy her clientele.
View original language description ↓
Janett Del Socorro de 46 años, tiene un taller de costura, desde hace 14 años Janett es una persona responsable dedicada a su trabajo. Este negocio lo inicio desde Joven ayudando a su mama en sus momentos libres y solicita este crédito para la compra de tela, hilo, zíper, botones y tijera para la fabricación de uniformes y ropa. el sueño que quiere realizar es ampliar su negocio para satisfacer sus cliente.

Previous Loan Details

Janett Del Socorro is 45 years old and has 2 small children. Her activity is to provide sewing services. She started this business 13 years ago. Her mother taught her the business as she needed a means of sustenance to help cover the cost of her home. She is very much in demand as most custome... More from Janett Del Socorro's previous loan »

Additional Information

Fundación Leon 2000

This loan is administered by Fundación Leon 2000. Fundación Leon 2000 began operations in 1993 as the first microfinance institution to serve the western part of Nicaragua, a country which continues to be one of the poorest in the western hemisphere. Fundación Leon 2000 works to further the development of micro, small, and medium enterprises through credit services and management, applying the best credit industry practices and technical expertise. Additionally, Fundación Leon manages several business and financial education programs in the community, specifically for young entrepreneurs and at-risk youth. Fundación Leon 2000’s group of experienced and dedicated employees works in 7 offices in Leon, Chinandega, Chichigalpa, Somotillo, Jinotepe, El Sauce, and Nagarote and serves several thousand clients (the majority of whom are women).

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
  • 110
    View loans »
    Nicaragua Loans Fundraising
  • $24,832,275
    Funds lent in using Kiva
  • 22.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Janett Del Socorro to buy fabric, thread, zippers, buttons and scissors.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2011
Listed
Nov 22, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012