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Janett Del Socorro

Update on Janett Del Socorro

Janett has raised her children with much effort and hard work. They are adults now and they work and study. She sells whole chickens and chicken by the pound. She can count on her husband’s support who has been with her both in difficult and good times. Her goal for right now is to open another chicken shop with profits earned from her first chicken stand so that she can continue growing. She’s requesting this second loan to invest more in whole chickens, giblets, breasts and legs which are the chicken parts in higher demand during the Christmas season and sell very well. She wants to take advantage of this to continue making progress.
View original language description ↓
Doña Janett con mucho trabajo y esfuerzo ha hecho crecer a sus hijos ahora ellos son mayores de edad trabajan y estudian, ella se dedica a la venta de pollo por libra y entero, cuenta con el apoyo de su esposo quien ha estado con ella en momentos difíciles y buenos, su meta ahorita es poner otro establecimiento de pollo en base a las ganancias que obtenga con el primer puesto de pollo para seguir creciendo. Ella solicita este segundo crédito para invertir más en pollo entero, menudo, pechuga y pierna son las piezas más buscadas en esta temporada navideña las ventas son muy buenas, ella desea sacar provecho de eso para seguir prosperando.

Previous Loan Details

Janett is 51, and a hard-working, honest, and responsible woman. She has four beautiful children, all of whom are now independent. She has sold chicken for more than three years, a business that has so far helped her stabilize her financial situation. It helps her and her husband pay basic hou... More from Janett 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

  • $3,636
    Average annual income
  • 129
    View loans »
    Nicaragua Loans Fundraising
  • $23,820,300
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Janett Del Socorro to buy whole and cut-up chicken to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2012
Listed
Dec 3, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 18, 2013