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Jacqueline Del Carmen
Sra. Jacqueline is 39 years old and a single mother of three children who are in school. She is an enterprising woman who has excelled in supporting her children despite having to raise them alone. Jacqueline has worked at a business called “Llantas de Nicaragua” for nine years. In addition, she opened a video game parlor in her home in order to earn income to cover the necessities for her three children. With her savings, she bought this business from her brother and improved the infrastructure in order to provide better service to her customers. With her previous loan, she bought televisions so that she could handle more customers.


This current loan will be used to buy adequate tables for holding the televisions and another Nintendo system to improve conditions for her customers. Thanks to her loans, Jacqueline has been able to make improvements to her business since her salary goes to pay for food and basic expenses. Her earnings from the Nintendo games have been a great help. Jacqueline’s plans for the future are to enclose her parlor and strive each day to make her business better.

View original language description ↓
La señora Jacqueline es madre soltera de tres hijos, todos estudiantes, tiene 39 años de edad, es muy emprendedora que a pesar que esta sola ha sobresalido a las dificultades dando el apoyo a sus hijos. Ella trabaja en una empresa Llantas de Nicaragua en donde lleva nueve años laborando. También ha logrado poner una sala de juego video en su casa de habitación para poder obtener dinero y cubrir las necesidades de sus tres hijos. Con ahorros logro comprar el negocio a su hermano y ha venido mejorando su infraestructura para dar un mejor servicio al cliente. Con el crédito anterior compro televisores para más cobertura a sus clientes. Lo que necesita con este financiamiento es poder comprar las mesas adecuada para los televisores y los nintendo para que estén en mejores condiciones de los clientes. Gracias a los préstamos ha alcanzado mejoras para su negocio ya que con su salario paga los gastos básicos y la alimentación lo que viene hacer de gran aporte las ganancias del nintendo. Sus planes a futuro es poder cerrar el local y cada dia ir acondicionándolo mejor.

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
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Jacqueline Del Carmen purchase tables & a Nintendo system.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2010
Listed
Feb 20, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2011