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Ivonne Del Socorro

Update on Ivonne Del Socorro

Sra. Ivonne is a hardworking woman who looks after the welfare of her children. She currently sells Nicaraguan tamales that she prepares herself. Ivonne has the support of her husband, who works as a bricklayer.

Doña Ivonne is requesting a loan in order to build a security wall around her house. The safety of her children is very important since they occasionally have to be left at home alone when she leaves for work. The construction of this wall will guarantee peace of mind for her and her family.
View original language description ↓
La señora Ivonne, es una mujer trabajadora que vela por el bienestar de sus hijos, actualmente se dedica a la venta de nacatamales elaborados por ella misma, cuenta con la ayuda de su esposo, quien trabaja como albañil. Doña Ivonne solicita este crédito con el fin de hacer el muro perimetral de su vivienda, lo cual es muy importante para la seguridad de sus hijos quienes en algunas ocasiones quedan solos en casa cuando ella sale a trabajar, esta construcción le garantizara tranquilidad a ella y su familia.

Previous Loan Details

Ivonne, a merchant, is a hard-working woman with determination to get ahead day to day. She says that through her good desire to improve she works so that her family enjoys better financial conditions. This time the reason she is requesting the loan is to buy items like chairs, tables, clothe... More from Ivonne 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.

Tags

About Nicaragua

  • $3,636
    Average annual income
  • 116
    View loans »
    Nicaragua Loans Fundraising
  • $24,398,000
    Funds lent in using Kiva
  • 26.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Ivonne Del Socorro to buy construction materials for building a security wall around her home.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2014
Listed
Apr 14, 2014
Currency Exchange Loss:
Possible
Ended:
May 19, 2015