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Agustina Del Socorro
Agustina del Socorro is an energetic businessperson. She sells new clothing. She goes out weekly to sell as a street vendor in the country's departments. She has her loyal clientele, which she visits constantly. In the photo we see her with some of the merchandise she sells.

She is asking our institution for the loan in order to invest in her house. She will purchase materials to reinforce a wall with the goal of securing her house. The wall currently needs to be repaired since it is incomplete, because in the future it will cost her more to repair it. She used the previous loan to purchase more merchandise (a variety of new clothing). She is thankful to Ceprodel and Kiva for the opportunity and the confidence placed in her. Through the loans, she has increased her business, and it has allowed her to improve her house and have better living conditions for herself and her family.
View original language description ↓
La señora Agustina del Socorro, es una persona negociante y enérgica, teniendo como actividad venta de ropa nueva, sale a vender ambulante semanalmente a los departamentos del país, tiene su clientela fija a los cuales visita constantemente.en la foto la observamos con parte de su mercadería que vende.

Solicita el préstamo a nuestra institución para invertir en su vivienda, comprara materiales para el reforzamiento de un muro, Esto con el propósito de asegurar su casa, que en esta ocasión es la necesidad de repararlo ya que esta incompleto, debido a que en el futuro le cueste más invertir en la reparación de este. El crédito anterior lo utilizo para comprar más mercadería (ropa nueva variada). Se siente agradecida con ceprodel y Kiva, por la oportunidad y la confianza depositada en ella, por medio de los préstamos ha incrementado su negocio y le ha permitido mejorar su vivienda y tener una mejor condición de vida para ella y su familia.




Additional Information

About CEPRODEL

This loan is administered by Centro de Promocion del Desarrollo Local (CEPRODEL), one of Kiva’s larger partners in Central America. Founded in 1991 and based in Managua, Nicaragua, CEPRODEL specializes in the development and funding of housing cooperatives for traditionally marginalized communities, the provision of microfinance services to small businesses, and the promotion of innovative renewable energy projects. In addition, unlike many microfinance institutions in the area that have chosen to avoid the rural areas of the country due to the increased financial risk, CEPRODEL provides financial services to numerous clients in the agriculture and livestock industry. Supporting a borrower through CEPRODEL means contributing to the promotion and sustainability of this important work in Nicaragua.

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
  • 138
    View loans »
    Nicaragua Loans Fundraising
  • $24,035,950
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Agustina Del Socorro to purchase materials to reinforce a wall in her house.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 28, 2012
Listed
Sep 19, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013