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Gabriela Del Socorro

Update on Gabriela Del Socorro

Young Gabriela is now married. Her husband works as a security guard and she continues living in her parent’s house. She has always liked the idea of owning a business so that she does not have to rely on a salary. She has a one-year-old son whom she is raising with a great deal of love and affection. She notes she had health problems during her pregnancy however, with God’s help, she overcame them.

Gabriela will invest the loan she is requesting in her business. She will buy clothing for infants, beauty products for adults and children and hair accessories, among other items. Her greatest desire is that in the future she will be able to have her own house.
View original language description ↓
La joven Gabriela ahora es casada, su esposo trabaja como guarda de seguridad, continua viviendo en casa de sus padres, siempre le ha gustado el comercio para no depender de un salario, tiene un hijo de un año al que cuida con mucho amor y cariño comenta que en su embarazo tuvo muchas dificultades de salud pero gracias a Dios eso ya lo supero, Gabriela con este crédito solicitado piensa invertir en su negocio comprando ropa para bebe, cosméticos de adulto y de niño, accesorios para el cabello entre otros, su mayor deseo es que en un futuro pueda tener su propia casa.

Previous Loan Details

Gabriela is employed. The previous loan was very influential because in the family environment it was used to install tile at home starting off a home improvement project. With this new lending cycle she will continue with the improvements. She will buy building materials and supplies like c... More from Gabriela 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
  • 106
    View loans »
    Nicaragua Loans Fundraising
  • $23,723,925
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Gabriela Del Socorro to buy clothing for infants, beauty products for adults and children and hair accessories, among other items.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2012
Listed
Jan 8, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014