Check out some available loans that are similar to this one!
Elizabeth Del Socorro
Elizabeth is 37, lives in the Memorial Sandino neighborhood in the city of Managua, and is married. Her husband works in the mayor's office in Managua. She has 3 children who are 17, 10, and 5. She wants to secure a good inheritance for them for when she and her husband aren't around anymore. Elizabeth sells clothing, shoes, and also has 3 taxis, which she rents out. She has 8 years of experience selling clothing and shoes. She also used to sell cosmetics. She will use this loan to purchase clothing and shoes and to be able to diversify her products and offer more to her customers and increase her level of sales.
View original language description ↓
Elizabeth tiene 37 años de edad, habita en el barrio Memorial Sandino de la ciudad de Managua, es casada, su esposo trabaja como operario en la Alcaldía de Managua, tiene 3 hijos de 17 , 10 y 5 años de edad, a los que quieren asegurarle un buen patrimonio para cuando ellos ya no estén. Elizabeth se dedica a la venta de ropa, zapatos, y también tiene 3 unidades de taxi, los cuales alquila. Tiene 8 años de experiencia en las ventas de ropa y zapatos, anteriormente también vendía cosméticos. El uso del préstamo será para comprar ropa y zapatos y así poder divesificar sus productos y ofrecer una mejor oferta a sus clientes y aumentar el nivel de ventas.

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

  • $4,800
    Average annual income
  • 103
    View loans »
    Nicaragua Loans Fundraising
  • $24,801,550
    Funds lent in using Kiva
  • 19.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Elizabeth Del Socorro purchase of clothing and shoes.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 11, 2008
Listed
Oct 28, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009