Bradis Del Carmen
Update on Bradis Del CarmenBradis continues with her taxi business which provides her daily income. She has been saving and making home improvements. Her husband works as a truck driver and their three children are in school.
Up until now she has been able to balance business expenses. Sometimes profits are good and other times she does not earn much. With her previous loan she was able to buy a door and window for the living room. Now she wants to buy doors and windows for the bedrooms. These are expensive so she will do it little by little and change the ones that are in bad condition first. She also wants to put ceramic tile in the bedrooms to make it more hygienic and safer for the family.
Pues hasta al momento se ha equilibrado, con los gastos del taxi, aveces quedando poco, y otras veces muy buenas ganancias, con el credito anterior, logro la compra de puerta y ventana de la sala. Ahora comprara puerta y ventanas para los cuartos, siendo de costos altos, es por tal razon, va cambiando por parte y asi poder cambiarlas ya que estan en mal estado, y quiere reforzar esta desmejora, a si como poner ceramica en los cuartos y lograr mejor higiene, y se guridad para asu familia.
Previous Loan DetailsBradis is 35 years old and the mother of three children. She works in the transport sector and has her own taxi. She started her business with her husband’s savings some years ago. Bradis has encountered difficulties due to the cost of petrol, which rises daily. Her customers don’t want to pay... More from Bradis Del Carmen's previous loan »
About AFODENICThis 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 Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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Success!! The loan was 100% repaid