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Gioconda Del Socorro

Update on Gioconda Del Socorro

Gioconda continues selling cosmetics. She sells Avon and Zermat products on credit and for cash. She also works part time as a caretaker. This makes her a fixed income and has supported her a lot as she is a single mother.

Through her loans, Gioconda has managed to introduce more merchandise, increase her sales and cover her family expenses. She will use this loan to buy more cosmetics such as body lotions, beauty products, make-up, lipsticks, men's and women's perfumes, dyes, vanishing cream and clothing. These are the products that she has most demand for.
View original language description ↓
Doña Gioconda, sigue con sus ventas de cosméticos, vendiendo al crédito y al contado producto Avon y Zermat, también trabaja medio tiempo como conserje, teniendo ingresos fijos, lo que se ah apoyado mucho, siendo madre soltera.
Es atreves de financiamiento que ha introducido más mercadería, aumentando sus ventas, lo que logra cubrir los gastos de su familia, con este nuevo préstamo es para seguir comprando cosméticos como: cremas de cuerpo, vanidad, maquillaje, pinturas de labios, perfume de dama y caballero, tintes, cremas de mancha, y ropa de encargo, siendo lo más demandado por sus clientes.

Previous Loan Details

Gioconda is a single mother with school-age children. Her goals include helping her children to prepare themselves so that they can become professionals. She is a hardworking and enterprising woman who has her own business selling cosmetics and a variety of other products. Her modest home has ... More from Gioconda Del Socorro's previous loan »

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.

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
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,589,825
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $450 helped Gioconda Del Socorro to buy creams, men's and women's perfumes, and clothing.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 22, 2012
Listed
Jul 7, 2012
Currency Exchange Loss:
Possible
Expired:
Aug 6, 2012