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Herminda Del Carmen

Update on Herminda Del Carmen

Herminda is still running her grocery store; she’s introduced additional products that has led to increased sales and improved profits that she’s been using to do home improvements.

Her husband works as a driver, always supporting the family. Of her three children, two work one as a taxi driver and the other selling CDs; the youngest is still in school. For her it’s a great satisfaction to have her family together with the mutual goal of covering their housing, food, clothing, education and health needs.

She will use this new loan to buy basic grains, Coca-Cola products, snacks, meat, chicken, dairy products, a box of detergent, dishwashing soap and bath soap and shampoo, among others which are the items most requested by customers.
View original language description ↓
Doña Herminda, sigue administrando su pulperia, en donde ha introducido mas productos, que ha aumentado sus ventas, mejorando sus ganancias, de las cuales ha venido hacer mejora a su vivienda.
Su esposo labora como conductor, siempre apoyando a la familia, de sus tres hijos, dos trabajan uno es cadete de taxi, el otro vende cd, y el menor estudia. Lo que para ella es de gran sastifaccion tener a su familia unida con el objetivo de apoyo mutuo para cubrir las necesidades en vivienda, alimentos, vestimenta,estudio,salud.
Con este nuevo prestamo hara compra de productos de granos basicos, productos de coca cola, golosinas, carne, pollo, productos lacteos, caja de jabon de lavar, de lavar traste, de baño, shampoo, entre otros que son lo mas demandado por el cliente.

Previous Loan Details

Herminda del Carmen, 42, lives with her life partner in the Laureles North neighborhood. With her partner she has 3 grown children, two of whom work and help their parents with the household expenses. The youngest is in high school and is economically dependent. Herminda and her partner have h... More from Herminda Del Carmen's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Nicaragua

  • $4,800
    Average annual income
  • 94
    View loans »
    Nicaragua Loans Fundraising
  • $25,011,000
    Funds lent in using Kiva
  • 22.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Herminda Del Carmen to buy stock merchandise for her store.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Oct 18, 2011
Nov 2, 2011
Currency Exchange Loss:
Feb 15, 2013