Check out some available loans that are similar to this one!
Tereza Del Carmen

Update on Tereza Del Carmen

Tereza lives in the Ticuantepe municipality with her two daughters. The plan she has for her family is to improve their standard of living. She is very happy for the support Afodenic has provided by means of the Kiva loans since, with her first loan, she managed to build a wall around her house that has afforded her more privacy. Currently, she wants to access loan funds to buy ceramic and zinc to make further improvements to her house since she does not have the income necessary to buy construction materials all at once.
View original language description ↓
Doña Tereza , es habitante del municipio de Ticuantepe , juntos a sus dos hijas , los planes hacia su familia es mejorar su condiciones de vida ,ella está muy contenta por el apoyo que le brinda Afodenic atravez de los fondos kiva ya que con el primer crédito logro realizar un muro de la vivienda lo cual ahora goza de mas privacidad , ahora ella quiere que se le facilite un desembolso para la compra de cerámica y zinc para mejorar las condiciones de vivienda , ya que ella no cuenta con el salario suficiente para realizar la compra de materiales de construcción de una sola vez .

Previous Loan Details

Señora Tereza lives in the municipality of Ticuantepe, with her two daughters aged 23 and 14. The elder daughter works and contributes to the household expenses and younger daughter studies and helps out with household chores. Señora Teresa is a single mother and has worked for the Ministry of ... More from Tereza 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
  • 103
    View loans »
    Nicaragua Loans Fundraising
  • $24,801,550
    Funds lent in using Kiva
  • 22.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Tereza Del Carmen buy ceramic and zinc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 20, 2011
Dec 1, 2011
Currency Exchange Loss:
Nov 15, 2012