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Laura Del Carmen
Laura is a small businesswoman who began selling cosmetics and costume jewelry several years ago. With loans through Afodenic, which were low interest, she was able to increase her line of products.

Her husband also works selling cosmetics to help support the family, although he is handicapped. Their home is very modest and they hope to improve it in the future.

With this new loan Laura will buy Avon products so she can increase sales to cover expenses and pay back the loan. She plans to buy perfume, make-up, face and body cream, nail polish and children's products.
View original language description ↓
Laura es una pequeña comerciante, que inicio hace varios años con la venta de cosmético y bisutería, logrando aumentar sus productos en ventas con financiamiento que Afodenic ha dado con plazos a costos bajo de interés.
Su esposo también vende cosmético aunque siendo discapacitados apoya a su familia. Su vivienda es de condición muy sencilla, que espera a futuro poder mejorar.
Con este nuevo préstamo comprara productos Avon, para seguir en aumento de sus venta ya que tiene que cubrir todos sus gastos y compromiso de pago, comprara: perfume, estuche de pinturas, crema de cutis, crema de cuerpo, pinturas de uña, vanidad, productos para niñas en cosméticos.

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

  • $3,636
    Average annual income
  • 137
    View loans »
    Nicaragua Loans Fundraising
  • $24,079,275
    Funds lent in using Kiva
  • 22.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Laura Del Carmen to buy Avon cosmetic products such as perfume, make-up, face and body creams and children's products.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Apr 15, 2011
Apr 24, 2011
Currency Exchange Loss:
Feb 15, 2012