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Merlyn Del Socorro
Merlyn is 38 years old and lives in a neighborhood called Francisco Salazar. She is single with two sons and one daughter. Her sons are 16 and 18 years old and work in construction. Her daughter is 15 years old and is a student. For Merlyn, it has been difficult to educate her sons without the support from their father. Her business has been a small market for the past 4 years that she started with her own money and the help of her parents. The market is located in her house, of which the benefits are dedicated to her children and household. The purpose of this loan is to invest in the purchase of products like whole grains and cleaning products for growth and to not disappoint the demands of her customers.
View original language description ↓
La Sra. Merlyn tiene 38 años de edad, habita en un barrio que se llama Francisco Salazar, es soltera y con tres hijos, dos varones y una mujer. Los varones tienen 16 y 18 años de edad los cuales trabajan en construcción y la niña mujer tiene 14 años de edad, y está estudiando. Para Doña Merlyn ha sido difícil educar a sus hijos ya que no tiene el apoyo del padre de sus éstos. Su negocio es una pulpería que tiene cuatro años de tenerla e inició con dinero propio y con la ayuda de sus padres, la pulpería está ubicada en su casa de habitación lo que le dá ventaja para poder estar pendiente de sus hijos y de su hogar. Con la solicitud que está haciendo es para invertir en la compra de productos tales como granos básicos y productos de limpieza para el gohar y así no desmejorar la demanda hacia sus clientes.

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.

About Nicaragua

  • $3,636
    Average annual income
  • 115
    View loans »
    Nicaragua Loans Fundraising
  • $23,803,650
    Funds lent in using Kiva
  • 20.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Merlyn Del Socorro purchase whole grains and cleaning products.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 3, 2008
Listed
Oct 20, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009