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Sandra Del Socorro

Update on Sandra Del Socorro

Sandra del Socorro is married and lives in the department of Chinandega in the west of the country. She is 57 years old and she owns a small grocery store located in her home. She also sells corn pancakes, cooked corn on the cob, tamales, fried foods, tripe, Nicaraguan tamales, and other dishes. She started this business selling just cooked corn on the cob, then she added corn pancakes in the neighborhoods where she had regular customers, and little by little she was able to set up her grocery store. Her dream is to make more income from her business, which is why she is asking for this loan to use as working capital to buy pigs to make delicious Nicaraguan tamales, tripe, fried foods, and tamales, among other dishes. She also needs products for her grocery store, such as rice, sugar, beans, candy, soap, detergent, and frozen foods. Sandra is very thankful for the help Kiva's lenders offer to people with few means in poor countries such as Nicaragua so they can do decent, honest work.
View original language description ↓
Sandra del Socorro, casada ella reside en el departamento de Chinandega en el occidente del país, tiene 57 años de edad y es propietaria de una pulpería que está ubicada en el mismo domicilio, además vende güirilas, elotes cocidos, tamales, frito rojo, pepena, nacatamales y otros, empezó este negocio vendiendo solamente elotes cocidos, luego güirilas en distintos barrios donde tenía clientes fijos y poco a poco logro poner su pulpería, su sueño es poder tener mejores ingresos en su negocio es por ello que solicita el crédito para la compra de capital de trabajo como: cerdos para la realización de dichos sus deliciosos nacatamales, pepena, frito, tamales entre otros al igual que productos para su pulpería como: arroz, azúcar, frijoles, golosinas, jabón, detergentes, productos congelados, Sandra está muy agradecida con la ayuda que los Inversionistas Kivas le brindan a personas de escasos recurso y países pobres como Nicaragua para tener un medio digno y honrado de trabajo.

Previous Loan Details

Sandra del Socorro is 57 years old. She is married and has 12 chidlren, aged 42, 40, 37, 36, 35, 33, 31, 29, 27, 25, 23, 19. she is from the departament of Chinandega. Her economic activity is a store where she sells general merchandise and nacatamales, sweet corn tamales, corn pancakes, and coo... More from Sandra 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

  • $4,800
    Average annual income
  • 69
    View loans »
    Nicaragua Loans Fundraising
  • $25,049,000
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Sandra Del Socorro to use as working capital to buy raw materials to make her prepared foods.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 9, 2013
Sep 3, 2013
Currency Exchange Loss:
Jul 17, 2014