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Edita Del Socorro

Update on Edita Del Socorro

Edita is a very hardworking woman who has a strong desire to get ahead. She says her previous loan brought very beneficial changes to her business, because she was able to buy raw materials so that she could work and produce more. She is very grateful for the support that she has received through these loans.

Now Edita wants to make new styles of clothing, particularly hand-embroidered garments, so that she can attract more customers. She thinks that the most important thing is to offer quality and variety to compete in the marketplace so that she can maintain and improve her income. She needs a loan now to buy fabric, thread, yarn, lace, buttons and elastic.
View original language description ↓
Edita, una mujer muy trabajadora con muchos deseos de salir adelante, dice que el beneficio con el crédito anterior le ha traído cambios muy buenos para su negocio ya que ha comprado materia prima para trabajar y producir más. Agradece mucho el apoyo que ha obtenido atravez de los créditos que le han brindado.
Ahora desea hacer nuevos estilos de ropa y atraer más clientes sobre todo en los atuendos bordados a mano, pues ella considera que es importante ofrecer calidad y variedad para competir en el mercado y así mantener y mejoras sus ingresos. Hoy está requiriendo el crédito para comprar telas, hilos, lanas, encajes, botones y elásticos.

Previous Loan Details

Edita is a native of Granada and a seamstress. She says the loan she got has opened a lot of doors for her. She has bought raw materials for work, such as fabric, thread, zippers, lace, and sewing accessories. She had orders to finish and thanks to the help she managed to finish them in a time... More from Edita Del Socorro's previous loan »

Additional 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

  • $4,800
    Average annual income
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $25,101,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $525 helped Edita Del Socorro to buy fabric, thread, yarn, lace, buttons and elastic.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 15, 2013
May 30, 2013
Currency Exchange Loss:
Mar 17, 2014