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Helyn Del Socorro

Update on Helyn Del Socorro

Helyn lives in the Region of San Agustín de Juigalpa, on her parents' property. She has been working in the education sector as a teacher for years. She is married and relies on her husband's support. She doesn't have any children yet.

She is requesting a loan to invest it in the purchase of construction materials to make improvements to her house such as changing the walls in the annex to the kitchen and for the payment of manual labour. The walls at the moment are boards and are in bad state and that is why she needs to buy quarry stones, cement, sand, iron, blocks and other items.
View original language description ↓
La señora Helyn, habita en la Comarca San Agustín de Juigalpa, en la finca de sus Padres, trabaja en el sector de la educación como docente desde hace años, es casada cuenta con el apoyo de su esposo, no tiene hijos aun. Solicita el crédito para invertirlo en compra de materiales de construcción para realizar mejoras en su vivienda como cambiar paredes en la parte anexa a la cocina y pago de mano de obra, ya que actualmente es de tabla y se encuentra en mal estado, por lo que necesita comprar piedras canteras, cemento, arena, hierro, bloques entre ortos.

Previous Loan Details

Helyn, 36, is single and has been working as a teacher for MINED in Acoyapa for eight years. She is requesting her ninth loan in order to improve the family home located in the San Agustin county in Acoyapa, where she lives with her parents. For the time being, she wants to repair the fences ar... More from Helyn 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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Nicaragua

  • $3,636
    Average annual income
  • 119
    View loans »
    Nicaragua Loans Fundraising
  • $24,405,100
    Funds lent in using Kiva
  • 25.2
    Nicaragua Cordobas (NIO) = $1 USD
Expired
A loan of $725 helped Helyn Del Socorro to buy quarry stones, cement, sand, iron, blocks and other items.
Repayment Term
23 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 4, 2013
Listed
Jul 3, 2013
Currency Exchange Loss:
Possible
Expired:
Aug 2, 2013