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Simona Del Carmen
Simona owns her own business. For more than twenty-four years she has sold clothes. She is currently investing in a grocery store because over all these years, she has traveled to other departments to sell part of her merchandise and she would like to concentrate her business solely in her grocery store. In the past, she used to sell candies but she has now put some of her capital in the store.

Simona has achieved everything through her own hard work and effort and loans which she has received from Afodenic over fourteen loan cycles. She has always repaid her loans on time and in full since the instalments are affordable. She has been able to cover her personal expenses.

Simona will use this new loan to buy three containers of oil, three 100lb bags of rice, sugar, beans, candies, Coca Cola and dairy products since she has a lot of demand for them. Her plans are to obtain customers so that her business can continue growing and offering more products.
View original language description ↓
Simona tiene su propio negocio, en la venta de ropa con más de veinte cuatro años en las ventas, hoy en día comienza a invertir en la pulpería ya que durante todos estos años ha viajado a los departamentos a vender parte de su mercadería lo cual desea establecerse solo en la pulpería, pues anteriormente vendía golosinas, pero ahora le introdujo parte de su capital.
El cual ha logrado atreves de su trabajo, esfuerzo y financiamiento que Afodenic le ha dado en catorce ciclos, en donde ha venido pagando en tiempo y forma para obtener este beneficio ya que son a plazos accesible, lo cual, cubre sus gastos personales.
Simona con este nuevo préstamo comprara: tres bidones de aceite, tres quintales de arroz, azúcar, frijoles, golosinas, coca cola, productos lácteos, ya que son de mucha demanda. Sus planes es lograr la clientela, para que su negocio pueda ir creciendo en productos.

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
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,450
    Funds lent in using Kiva
  • 22.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Simona Del Carmen to invest in buying basic grains, dairy products and candies to improve her sales.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Jun 10, 2011
Jun 18, 2011
Currency Exchange Loss:
Feb 15, 2012