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Ilva Del Carmen

Update on Ilva Del Carmen

Ilva continues working in her grocery store business and selling school supplies. She has been investing in stock through loans from Afodenic. This has been of great use to her household. Ilva's husband works as a driver and her children are in school.

Ilva will invest this new loan in buying basic grains, rice, beans, sugar, corn, oil, toilet paper, cereals, milk, candies, Coca Cola products, chicken, eggs and school supplies so that she can offer her customers a wide range of products.

Ilva plans to use her profits to lay some tiles in her living room as it is currently bare earth. She would like to make this improvement for the well-being of her family.
View original language description ↓
Doña Ilva, sigue con su negocio de pulpería y venta de útiles escolares, negocio que ha venido invirtiendo en inventario atreves de los prestamos en Afodenic, que han sido de gran satisfacción en su hogar, su esposo labora como conductor y sus hijas cursan el año escolar.
Hoy con este nuevo préstamo Ilva, invertirá en granos básicos, en arroz, frijoles, azúcar, maíz, bidón de aceite, bolsón de papel higiénico, cereales, pote de leche, golosinas, productos coca cola, carne, pollo, huevo entre otros como utiles ecolares. Para seguir ofertando a sus cliente variedad de productos. Como planes con sus ganancias es poner cerámica en su sala ya que aun es de tierra y desea hacer esta mejora para el bienestar familiar.

Previous Loan Details

Ilva is married. Her husband works as a driver and helps her with expenses. Her children are in school and her short term goals are that her children become professionals. She is a very hard working woman who has a grocery store. She started it a long time ago with her own funds. Her future ... More from Ilva 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
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $25,383,750
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Ilva Del Carmen to buy basic grains, cereals and other goods in order to increase her sales.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Jun 29, 2012
Jul 12, 2012
Currency Exchange Loss:
May 17, 2013
This photo was used before for a previous loan for Ilva Del Carmen. It was first posted on Kiva on Jun, 2011. Learn More