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Laura Del Carmen

Update on Laura Del Carmen

Laura is a hardworking and enterprising woman. Along with her husband, who is handicapped, she sells daily use products and various merchandise. Her goal is to improve her living conditions through her work and with support from the loan. The previous loan had a big, beneficial impact, because they invested it and therefore maintained their working capital. With this new loan cycle she will purchase various items such as perfumes, hand, body and face creams, lip gloss, synthetic nails, makeup, eyeshadow, eyeliner, garments, toiletries, deodorants, hair dye, lotions, makeup remover, among other products. That way she will stock up and meet her customers' demands. She gives thanks to the financial institution for the continued support in developing her business.
View original language description ↓
Laura mujer trabajadora, emprendedora junto a su esposo con capacidades diferentes comercializan productos de uso diarios, variedades y más. Su objetivo es mejorar su nivel vida mediante su fuente de trabajo y con el apoyo del financiamiento. El préstamo anterior fue de gran impactó de beneficio ya que lo invirtieron y así mantiene el capital inicial.
Con este nuevo ciclo de préstamo comprara mercadería variada como: perfumes, cremas de manos, cuerpos y rostros, pinturas de labios, uñas, maquillaje, sombras, delineadores, prendas de ropas y artículos. Desodorantes, tintes para cabellos, lociones, desmaquíllantes entre otros productos aumentando su inventario y así cumplir con los encargos.
Agradece a la financiera por el apoyo continua al desarrollo de su negocio.

Previous Loan Details

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 handicappe... More from Laura 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

  • $3,636
    Average annual income
  • 133
    View loans »
    Nicaragua Loans Fundraising
  • $24,060,850
    Funds lent in using Kiva
  • 23.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Laura Del Carmen to purchase varied merchandise.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jan 13, 2012
Jan 24, 2012
Currency Exchange Loss:
Nov 15, 2012