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Maria Del Carmen
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Mrs. Maria has more than 25 years of experience in sales, and she dedicates herself to selling clothing, shoes, cosmetics, as well as to running a small general store in the Sabana Grande region, which is where she is from. These activities have allowed her to get her children ahead and to support her husband, who works as a bricklayer, with the household expenses. The business has been growing through the years; she began by selling cosmetics on the street and with financial assistance she managed to establish a small business in her home. Currently, she relies on a wide variety of products to satisfy her customers, who are individuals with a strong ability to pay for her products, which she offers on credit. She and works every day of the week. Maria indicated that the greatest source of income in her home is this business, which is why she decided to request a loan with the goal of investing in purchasing new goods that bring in greater profitability. By doing this, she will be able to improve her quality of life.

Translated from Spanish by Shannon Skoglund, Kiva volunteer.

La señora Maria tiene más de 25 años de experiencia en ventas, se dedica a vender ropa, zapatos, cosméticos y tambien tiene una pulpería en la comarca de Sabana Grande de donde es originaria, esta actividad le ha permitido sacar adelante a sus hijos y apoyar a su esposo en los gastos del hogar, quien se desempeña como albañil. El negocio ha ido creciendo a medida que pasan los años, inició vendiendo de manera ambulante cosméticos y con un financiamiento logró establecer el pequeño negocio en su casa de habitación. Actualmente, cuenta con una diversidad de productos que satisface a sus clientes, quienes son personas de buen pago, ofrece sus productos al crédito y atiende todos los días de la semana. La señora señala que la mayor fuente de ingresos del hogar es el negocio, por lo que ha decidido solicitar un préstamo con el fin de invertir en compras de nuevos productos que le generan una mayor rentabilidad a su negocio y de esta forma pueda mejorar su nivel de vida.

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
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $25,399,500
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Maria Del Carmen purchase shoes, perfume, and clothing for both ladies and gentlemen.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Mar 21, 2008
Mar 5, 2008
Currency Exchange Loss:
Dec 15, 2008