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Magaly Del Socorro
Magaly is 32 years old and is married with three children. She is from the city of Estelí and makes a living running a convenience store. Starting with a small amount of savings four years ago, Magaly began buying a few products at a time and gradually building her business. She later applied for and received a loan to help with her business endeavor, and her next goal is to save up money to purchase a refrigerator so she can significantly broaden the variety of goods she offers to her customers.

With the support from this loan, Magaly plans to purchase merchandise to stock her store, including: soft drinks, rice, candy, bread, oil, soap and other products. She hopes this investment will help her to keep up with increasing client demand, strengthen her business and increase sales and overall profits. Her future plans are to continue with her business and do all she can to provide a bright future for her children.
View original language description ↓
Magaly es originaria de la ciudad de Estelí, de 32 años de edad. Casada y madre de tres hijos. Es de oficio comerciante, se dedica al negocio de pulpería. Negocio que inicio hace cuatro años con dinero ahorrado, poco a poco iba comprando sus productos, luego opto por un crédito para ir adquiriendo más productos. Hoy en día cuenta con una pulpería bien diversificada. Su meta próxima es comprar una refrigeradora para ofrecer productos que necesitan refrigeración. Solicita el crédito para comprar: gaseosa, arroz, jabón, golosinas, pan, aceite, entre otros con de diversificar su mercadería y cumplir con la demanda de sus clientes. Estima que el crédito le ayudara ya que incrementara sus ventas y obtendrá mejores ganancias. Su plan futuro es seguir adelante son su negocio y ofrecerle un futuro garantizado a sus hijos.

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About Nicaragua

  • $3,636
    Average annual income
  • 167
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,825
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $950 helped Magaly Del Socorro to purchase: soft drinks, rice, candy, bread, oil, soap and other products to stock her convenience store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 10, 2013
Listed
Dec 20, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014