Haydee Del Socorro
Update on Haydee Del SocorroHaydee is 44 years old, married and has two children. Both of her children go to school, one to secondary school and the other attends the university. She has a few types of businesses run out of her home, as she is looking for a way to make a living. She has a dry goods store called "Enabas" which is stocked by the government for low-cost re-sale to the people. She also has a bicycle repair shop in her home, where her son and her husband work. In addition, Haydee makes fried foods in her home in the afternoons. Haydee gets up very early every day and closes up late, so she can tend to her customers and offer them excellent customer service. She started her business because of her family's needs and as a way to help out in her home. Haydee has been supplying the people with quality products for twenty years. At this time, she is requesting a loan to purchase dry goods: sweets, matches, salt, rice, sugar, coffee, beans, soap, detergents and other products. Haydee is very happy about and grateful for the opportunity she is being offered to invest in her business. The number of customers she has, has increased, and she hopes to meet her customers demands.
Previous Loan DetailsSra. Haydee is 43 years old, married, and has one child. She manages a store in her home that she keeps well-stocked. Every day she wakes up early in order to attend to her customers. This loan will be used to buy basic grains, candy, matches, salt, and other products. Haydee has a wide ... More from Haydee Del Socorro's previous loan »
Fundación Leon 2000This loan is administered by Fundación Leon 2000. Fundación Leon 2000 began operations in 1993 as the first microfinance institution to serve the western part of Nicaragua, a country which continues to be one of the poorest in the western hemisphere. Fundación Leon 2000 works to further the development of micro, small, and medium enterprises through credit services and management, applying the best credit industry practices and technical expertise. Additionally, Fundación Leon manages several business and financial education programs in the community, specifically for young entrepreneurs and at-risk youth. Fundación Leon 2000’s group of experienced and dedicated employees works in 7 offices in Leon, Chinandega, Chichigalpa, Somotillo, Jinotepe, El Sauce, and Nagarote and serves several thousand clients (the majority of whom are women).
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.
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Success!! The loan was 100% repaid