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Mariela Del Carmen

Update on Mariela Del Carmen

Mariela del Carmen married, 28 year-old merchant with three sons. She is a responsible, hard working, and entrepreneurial woman.

She is requesting the loan to improve her house and put the floor of a portion of her house, it is going to be more than five years since she bought it but because of a lack of capital, she had not been able to make the necessary improvements for the stability and protection of her family. The funds will be invested in the purchase of the materials needed to improve her house as: zinc, rafters, cement, and wood, among others.
View original language description ↓
Mariela del Carmen casada, con veintiocho años de edad con actividad economica comerciante con tres hijos de edad , ha demostrada su responsabilidad, muy trabajora, emprendedora esta solicitando el credito para las mejoras de su vivienda y embaldosar una parte de la vivienda ya que tiene cinco alños de haberla comprado, pero por falta de capital no habia podido realizar la mejoras necesaria para la estabilidad y proteccion de su familia , el financiamiento lo invertira en la compra de material para contruir como: zinc, alfajillas, cementos, madera, clavadores entre otros.

Previous Loan Details

Mariela sells general merchandise. She’s been in business for over four years. Her business started because she did not have the opportunity to provide her family with daily income. She started this way of life with very little capital. The reason for the loan is to buy clothing in genera... More from Mariela Del Carmen's previous loan »

Additional Information

Fundación Leon 2000

This loan is administered by Fundación Leon 2000. Fundación Leon 2000 began operations in 1993 as the first microfinance institution to serve the western part of Nicaragua, a country which continues to be one of the poorest in the western hemisphere. Fundación Leon 2000 works to further the development of micro, small, and medium enterprises through credit services and management, applying the best credit industry practices and technical expertise. Additionally, Fundación Leon manages several business and financial education programs in the community, specifically for young entrepreneurs and at-risk youth. Fundación Leon 2000’s group of experienced and dedicated employees works in 7 offices in Leon, Chinandega, Chichigalpa, Somotillo, Jinotepe, El Sauce, and Nagarote and serves several thousand clients (the majority of whom are women).

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.

About Nicaragua

  • $4,800
    Average annual income
  • 103
    View loans »
    Nicaragua Loans Fundraising
  • $24,739,175
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Mariela Del Carmen to purchase the materials needed to improve her house as: zinc, rafters, cement, and wood, among others.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 11, 2012
Jun 7, 2012
Currency Exchange Loss:
Jun 18, 2013