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Janett Del Socorro

Update on Janett Del Socorro

Janett del Socorro is forty-eight years old, is married, and has one son who is fourteen years old and is studying in school. She is originally from la Paz Centro, an area that is located in the western part of the country. La Paz Centro is known for its typical food and drink, like el quesillo (fresh cheese) and el tiste (drink made from cacao and corn). Janett has demonstrated that she is a hardworking and responsible person who pays her installments; she has demonstrated this in her previous loans.

Thanks to her drive to move forward and to offer the best economic conditions to her son, she makes a living in the buying and selling of pigs; she also butchers pigs to offer pork products like: nicaraguan tamales, pork rinds, pork-stuffed cassava, pork skin, pickled pork, fried pork, pork bits, and black pudding. She has been dedicated to this business for eleven years. Her business is located in the house where she lives, and she sells door-to-door.

The purpose of her loan is to invest in working capital and in the purchase of a batch of live pigs that she can sell at a good price. In doing this, she will be able to have better revenues in the near future.

Janett del Socorro is thankful for the help that the Kiva investors have offered to people from scarce resources and poor countries, like Nicaragua, in order to have a means of dignified work.
View original language description ↓
Janett del Socorro de 48 años de edad, casada, con un hijo de 14 anos el cual está estudiando. Es originaria de la Paz Centro, lugar que está ubicado en el zona de occidente del país. La paz centro se caracteriza por sus comidas y bebidas típicas como el quesillo y el tiste. Janett ha demostrado ser una persona trabajadora, responsables, de buenas buena paga y lo ha demostrado en sus créditos anteriores.
Gracia a su ganas de salir adelante, brindarle mejores condiciones económicas a su hijo, es que tiene por actividad económica la compra y venta de cerdos, y destace del mismo para ofrecer sus productos como: nacatamales, chicharon, yuca, charrasca, adobado, frito blanco, chingaste, moronga. Desde hace 11 anos que se dedica a dicha actividad. Negocio que lo tiene ubicado en su casa de habitación y de forma ambulante. El objetivo del crédito es invertir en capital de trabajo y compra un lote de cerdos en pie que lo vende a buen precio. Para que en un futuro no muy lejano obtener mejores ingresos. Janett del Socorro agradece la ayuda que los inversionistas kiva les brindan a personas de escasos recursos y países pobre como es Nicaragua para tener un medio de trabajo digno.

Previous Loan Details

Janett del Socorro is a selfless woman who is always seeking ways to generate household funds. She is a pig merchant. She’s a very responsible person and this isn’t her first loan because loans have helped her get ahead. The loan she’s asking for is to buy pigs. She dreams with enlarging her… More from Janett Del Socorro's previous loan »

Additional Information

Fundación Leon 2000

This 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.

About Nicaragua

  • $3,636
    Average annual income
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $23,418,850
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Janett Del Socorro to buy and sell pigs as well as butchering to offer products such asnicaraguan tamales, pork rinds, pork-stuffed cassava, pork skin, pickled pork, fried pork, pork bits, and black pudding.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 6, 2013
Listed
Feb 13, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014