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Griselda Del Socorro
Griselda is 24 years old and has worked in a pizzeria as a receptionist for about two years. She is single and does not have children yet.

She is asking for help with her first loan through AFONDENIC and Kiva in order to improve the condition of the kitchen in her mother's house, since right now it is in very bad shape. She would like to help her mom, and to do so she needs to buy cement, sand, stone blocks, zinc metal, tie wire, support beams for the concrete, and pay for the cost of labor.

She is very grateful for the help that she has been given, since it is very important that she and her mother live in better circumstances.
View original language description ↓
La joven Griselda de la edad de 24 años, labora para una pizzería como recepcionista aproximadamente 2 años, es soltera no tiene hijos aún. Está solicitando apoyo con su primer crédito a AFODENIC y KIVA, para mejorar las condiciones de la cocina de la casa de su mamá ya que se encuentra en muy malas condiciones y ella desea ayudar a su madre para ello necesita comprar, cemento, arena bloques piedrines, hierro zinc, alambre de amarre, tablones de soporte para el concreto y el pago de la mano de obra. Agradece muchísimo el apoyo que le brinden ya que es muy importante para ella y su madre vivir en mejores circunstancias.

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
  • 123
    View loans »
    Nicaragua Loans Fundraising
  • $23,814,675
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Griselda Del Socorro to buy cement, sand, stone blocks, zinc metal, tie wire, support beams for the concrete and pay for the cost of labor.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013