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Irma Del Socorro
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Irma, being a single mother, decided to start her own business out of necessity for the sustainment of her 4 children. She opened up a beverage business 12 years ago, with which she covered certain expenses but not in their entirety. That is why Irma decided to seek financing and started selling clothing and perfumes. This activity allowed her to nourish and educate all her children.

With the passing of time, Irma has been able to diversify the products she sells and markets. She still has the beverage business at home, where she also sells ice cream, cookies and candies as well as clothing and footwear. She offers all of these products to her neighbors, friends, relatives and the general public. The goal is to increase her earnings, allowing her to expand her business and improve hers and her family’s living conditions. For that reason, she is requesting a loan that will let her buy fruits to prepare the beverages and ice creams that she creates herself, as well as invest in clothing, perfumes and colognes for men and women.

Translated from Spanish by Evelyn Garcia, Kiva Volunteer.

Doña Irma siendo madre soltera decide emprender su propio negocio como una necesidad de subsistencia en la que debía de mantener a sus 4 hijos e inicia hace 12 años una refresquería, con la cual pagaba ciertos gastos pero no cubría la totalidad,es por eso que doña Irma decide buscar un financiamiento y empieza a comprar y vender ropa, perfume, fue esta actividad la que le permitió alimentar y educar a todos sus hijos.

Al pasar de los años la señora ha podido diversificar un poco los productos que vende y comercializa, en su casa tiene todavía la refresquería, vende helados y galletas, golosinas así como también ropa y zapatos, todos estos productos los ofrece a sus vecinas, amigas, familiares y publico en general. La meta es la de aumentar sus ganancias, permitiéndole de esa forma hacer crecer su negocio y mejorar las condiciones de vida de ella y su núcleo familiar. Es por eso, que solicita un préstamo para comprar frutas para preparar los refrescos y helados que ella misma elabora, así como invertir en ropa y perfume para damas y caballero.

Additional Information


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
  • 74
    View loans »
    Nicaragua Loans Fundraising
  • $25,787,975
    Funds lent in using Kiva
  • 19.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Irma Del Socorro purchase fruits, clothing, perfumes and cologne.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Mar 3, 2008
Feb 17, 2008
Currency Exchange Loss:
Dec 15, 2008