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Mercedes Del Socorro
Mercedes lives in the town of Ticuantepe. Her husband works for a private home, which helps with the household expenses. Her biggest dream is to improve their conditions to give her child a better future. She has been a merchant for 16 years. Her store is in her home and often she delivers to the homes of various customers.

With this loan she'll be able to boost her business because she wants to make the most of this high sales season to get better income.

She's grateful for the support that AFODENIC and Kiva funds are giving her.
View original language description ↓
La señora Mercedes Habita en el municipio de Ticuantepe, su esposo trabaja para una casa privada con esto le ayuda con los gatos del hogar, su mayor sueño es mejorar de condiciones para darle un mejor futuro a su hijo, ella es comerciante desde hace 16 años, su casa de habitacion le sirve como tienda y muchas veces hace entrega a domicio los diferentes clientes, con este financiamiento que se le esta otorgando podra levantar su negocio ya que desea aprovechar esta temporada alta de venta y asi obtener mejores ingresos. Agradece el apoyo que Afodenic y Fondos Kiva le estan brindando.

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 Nicaragua

  • $3,636
    Average annual income
  • 137
    View loans »
    Nicaragua Loans Fundraising
  • $24,079,275
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Mercedes Del Socorro to buy clothing and shoes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2012
Listed
Dec 12, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013