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Ediltruidis Del Socorro

Update on Ediltruidis Del Socorro

Ediltrudis del Socorro, 52, has a tailoring shop. She already has experience in the business despite waiting a long time to be able to have the customers she has today. Ediltrudis del Socorro is already an active client of Fundación León 2000 and has shown herself to be a responsible and persevering person in the dreams she wants to realize. She tells us that with the previous loan she bought materials that allowed her to supply her customers with the requests she had pending.

Currently she is requesting a loan to buy materials such as fabric, zippers, buttons, and thread, among others, to make her fashions.
View original language description ↓
Ediltrudis Del Socorro tiene 52 años de edad, ella tiene un taller de costura ya tiene experiencia en el negocio a pesar que espero bastante tiempo para poder tener los clientes que hoy en día tiene. Ediltrudis Del Socorro ya es cliente activa de Fundación León 2000, lo cual ha demostrado ser una persona responsable y perseverante en sus sueños que desea cumplir, ella nos expresa que con el crédito otorgado anteriormente compro materia prima que le permitió abastecer a sus clientes en los pedidos que tenía pendiente. Actualmente ella está solicitando financiamiento para comprar materia prima como telas, zipper, botones e hilos entre otros para la elaboración de las confeciones.

Previous Loan Details

Ediltruidis del Socorro is 31 and has two children. She owns a tailoring shop. Many years ago she wasn't able to work in a company so she learned the trade of tailoring. Although she had to wait five years to have enough customers, she continued working and now she starts very early in the da... More from Ediltruidis 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

  • $3,636
    Average annual income
  • 115
    View loans »
    Nicaragua Loans Fundraising
  • $23,737,400
    Funds lent in using Kiva
  • 23.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Ediltruidis Del Socorro to buy fabric, zippers, buttons, and thread, among other materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 9, 2012
Listed
Feb 10, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013
This photo was used before for a previous loan for Ediltruidis Del Socorro. It was first posted on Kiva on Jul, 2010. Learn More