Mirian Del Socorro
Update on Mirian Del SocorroMirian del Socorro was born in Nagarote and is a single mother caring for her children. She is hardworking and responsible and wants to succeed. She enjoys her children's company in her free time. Sadly, she lacked the money to go to college and started to work at an early age to help pay household expenses.
With effort and the desire to succeed, Miriam runs a store, where she sells merchandise such as clothing, cosmetics, thread, ribbon, costume jewelry, diapers, baby clothing, and hair accessories. Her business is in her house, and she works 12 hours a day selling her merchandise so that she can earn more income. Miriam thanks Kiva lenders, who offer low-income people in poor countries like Nicaragua the chance for decent work.
Gracias a su esfuerzo y sus ganas de superación personal Miriam tiene por actividad económica una tienda de mercadería en general como ropa cosméticos, productos de bazar, hilos, cintas, bisuterías. Panales, ropa de bebe, adornos para el cabello. El negocio lo tiene ubicado en su casa de habitación. Ella dedica a su negocio unas 12 horas diarias ofreciendo sus productos, para que en un futuro no muy lejano pueda obtener mejores ingresos. Miriam 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 DetailsMirian Del Socorro is 56 years old. She has a grocery store which she opened about 7 years ago. Her business is located in her home. Most of her customers are satisfied with the service that she offers. She starts at 7:00AM in the morning working until 9:00PM in the evening from Monday through… More from Mirian 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