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Jazmina Del Carmen

Update on Jazmina Del Carmen

Jazmina lives in the neighbourhood of Monseñor Lezcano. For about seven years she has sold clothing and cosmetics on a continuous basis, articles that she delivers to order and which she stores at home. Her children are growing all the time and are studying to be professionals in the future. This is Jazmina's greatest dream. Thanks to her mother's help she has been able to give her children a good education, as she herself is a single mother. She is applying for a fourth loan to invest in two bags of second-hand clothing, in order to be able to continue working and to offer her customers variety.
View original language description ↓
Doña Jazmina habitante del barrio monseñor Lezcano, siempre se dedica a la venta de ropa y cosméticos aproximadamente desde hace 7 años producto que distribuye por encargo y mantiene en su casa, sus hijos creciendo cada vez mas y preparándose para ser profesionales en un futuro, el cual es el mayor sueño de Jazmina, todo gracias a la ayuda de su mama que siendo soltera los ha sacado adelante. Solicita apoyo de un cuarto crédito para invertir en 2 bolsones de ropa de segunda para seguir trabajando y ofrecerle variedad a su clientela.

Previous Loan Details

Jazmina is a merchant with her own business selling clothing and cosmetics, which she has been doing for six years. She sells Avon products that her brother sends from the United States. The loan that the institution has given her has been a great help to her because she is a single mother to ... More from Jazmina 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
  • 94
    View loans »
    Nicaragua Loans Fundraising
  • $25,011,000
    Funds lent in using Kiva
  • 23.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Jazmina Del Carmen to buy two bags of used clothing.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Oct 17, 2012
Dec 1, 2012
Currency Exchange Loss:
Nov 18, 2013