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Miriam De La Paz

Update on Miriam De La Paz

She’s a dedicated client who has repaid four Afodenic loans. She has sold cosmetics in the capital city of Managua for about six years. This new loan is to buy building materials and supplies to tile the walls and raise the level of the floor at home because it’s too low and when it rains water from the street easily gets into the house making her children who are still adolescents uncomfortable; they need much care to stay healthy. She will use this requested loan to buy cement, rebar, sand, concrete blocks and to pay labor costs.
View original language description ↓
Es una clienta esforzada, lleva con afodenic 4 créditos cancelados, se dedica a la venta de cosméticos en la ciudad capital de Managua aproximadamente 6 años, este nuevo crédito es para compra de materiales de construcción para embaldosar los muros y levantar el nivel del piso de su casa ya que es muy bajo y al llover el agua que pasa de la calle se introduce con facilidad a su vivienda, incomodando a sus hijos quienes todavía son unos adolecentes y requieren de mucho cuidado para su salud. Con este crédito solicitado comprara materiales de cemento, hierro, arena, bloques y el pago de la mano de obra.

Previous Loan Details

Miriam continues in commerce. Today she’s selling cosmetics, a change in line of work since she used to sell nacatamales (Nicaraguan-style tamales) and vigorón [cabbage salad known as curtido (chopped cabbage, tomatoes, onions, and chili pepper marinated in vinegar and salt), boiled manioc, an... More from Miriam De La Paz'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 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
  • 76
    View loans »
    Nicaragua Loans Fundraising
  • $25,420,300
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $725 helped Miriam De La Paz to buy building supplies and to pay labor costs.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 10, 2012
Nov 1, 2012
Currency Exchange Loss:
Dec 1, 2012