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Yamileth Del Socorro
Yamileth is 37-years-old, married with three children aged 15, 12, and 3, and she is a native of Managua, a city that is located in the central region of the country. She is characterized as being hardworking and responsible with goals of personal improvement. Unfortunately, she could not study for the lack of financial resources so now she is struggling everyday to provide a better future for her children and to transform them into professionals.
Thanks to her effort and her desire to succeed, she has a business that is a general shop. It is a small store that sells various products and foodstuffs such as beans, sugar, eggs, Meneitos brand snack crackers, juices, matches, cigarettes, candy, soda, spices, and toilet paper. She works in her store 12 hours a day offering her products. The purpose of her loan is to invest in working capital to stock her business with the purchase of various products to sell so that they can have a better income in the near future. Yamileth acknowledges the assistance that the investors of Kiva provide to poor people in poor countries such as Nicaragua to help them have a more dignified working environment.
View original language description ↓
Yamileth de 37 años de edad, casada con tres hijos menores de edad de 15, 12, 3 anos es originaria de Managua, lugar que está ubicado en la zona central del país. Ella se caracteriza por ser trabajara, responsable con ganas de superación personal. Lamentablemente no pudo cursar estudio por falta de recursos económicos, por lo tanto en la actualidad lucha día a día para brindarles un futuro mejor a sus hijos y formarlos en profesionales.

Gracias a su esfuerzo y sus ganas de salir adelante tiene por actividad económica una pulpería, es una pequeña tienda que vende productos varios y comestibles en cantidades pequeñas como: frijoles, azúcar, arroz, huevos, galletas meneítos, jugos fósforos, cigarrillos, dulces, gaseosas, sazonadores, papel higiénico. Ella dedica a su negocio unas 12 horas diarias ofreciendo su producto. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio en la compra y venta de productos varios y comestibles para que en un futuro no muy lejano pueda obtener mejores ingresos. Yamileth 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.

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).

Tags

About Nicaragua

  • $3,636
    Average annual income
  • 138
    View loans »
    Nicaragua Loans Fundraising
  • $24,035,950
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Yamileth Del Socorro to invest in working capital to stock her store with various products and foodstuffs such as beans, sugar, rice, eggs, crackers, and more.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2013
Listed
Nov 17, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014