Funded

Total loan: $750
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Ileana Del Socorro

Nicaragua
Managua, Nicaragua / Grocery Store

A loan of $750 helped to purchase general merchandise such as rice, beans, sugar, oil, toilet paper, soft drinks, clothing, shoes, etc.


Ileana Del Socorro's story

Ileana, 48, is from Managua, single, and has five grown children of whom only one is still in school. She is a businesswoman who earns a living selling groceries. She began her business six years ago with money she had saved from the severance pay she was given at her old job. This is her first business as an owner and she has the support of her daughter who helps her tend to the customers.

She is seeking the loan to purchase all types of general merchandise such as rice, beans, sugar, oil, toilet paper, soft drinks, clothing, shoes, etc. She believes this loan will be of great help to her for stocking her business with a variety of products which she does not yet have in stock. Her future plans are to make her business grow in order to increase sales and so improve her earnings. Her short-term goals are to improve the property's infrastructure in order to have good living conditions and make a good presentation with the business.

Translator profile picture

Translated from Spanish by Kiva volunteer Meg Wolfe-Roberts


Loan details

Loan length:

14 months
Disbursed date: December 10, 2012

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: December 10, 2012