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Lourdes Del Socorro
Mrs. Lourdes is 42 years old and lives in the fantasma neighborhood in the capital. She is married and her husband is a merchant. She has three precious children, ages 10, 21, and 23. Her hope is to improve her family's quality of life and offer them new opportunities. Doña Lourdes has owned a small grocery store for the past 12 years, which she started with money she earned at her previous job. The plan for her business is to increase the volume of sales by bringing in new products. Thanks to the loans from Afodenic, she will be able to buy larger quantities of existing and new products to increase earnings, and also increase the variety of products she is able to offer her customers.
View original language description ↓
La Sra. Lourdes tiene 42 años de edad, habitante del barrio fantasma en la capital, estado civil casada su esposo es comerciante, tiene tres preciosos hijos de 16, 21 y 23 años de edad. Sus planes para la familia es mejorar su nivel de vida y ofrecerles nuevas oportunidades en esta vida. Doña Lourdes posee su pequeño negocio una pulpería desde hace 12 años, la inicio con fondo propio de su trabajo anterior. Los planes en el ámbito comercio es aumentar el volumen de las ventas con nuevos productos. Gracias a los prestamos de Afodenic lograra comprar nuevos y mas productos para obtener mayores utilidades y variedades de productos para ofertar a 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
  • 176
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Lourdes Del Socorro to buy various products to supply her grocery store.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2008
Listed
Jan 1, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009