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Laura Del Carmen

Update on Laura Del Carmen

Laura has been married for 20 years. Her husband, who is self-employed, helps her with home expenses. They have no children. One of her greatest difficulties is that she now lacks personal funds. That's why with this loan she is thinking to reinvest more in the products for her business, buying men's and women's fragrances, cosmetics, vanities, body creams, foundation, and lipstick, among other things, in order to meet her customers' demand. Her greatest wish and future plans are to have a perfume business so that she can provide employment.
View original language description ↓
Doña Laura tiene 20 años de estar casada, su esposo trabaja por su propia cuenta quien le apoya con los gastos del hogar, no tienen hijos para ella una de sus principales dificultades es que ahora no cuenta con fondos propios y por eso con este préstamo piensa invertir nuevamente más en productos para su negocio comprando perfumes de hombres y de mujeres, cosméticos, vanidades, cremas para el cuerpo, base, lápiz labial entre otros, para satisfacer la demanda de sus clientes, su mayor deseo y planes a futuros es tener una agencia de perfumes para ofrecer trabajo.

Previous Loan Details

Laura is a hardworking and enterprising woman. Along with her husband, who is handicapped, she sells daily use products and various merchandise. Her goal is to improve her living conditions through her work and with support from the loan. The previous loan had a big, beneficial impact, because th... More from Laura 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

  • $3,636
    Average annual income
  • 148
    View loans »
    Nicaragua Loans Fundraising
  • $24,079,275
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Laura Del Carmen to buy men's and women's fragrances, cosmetics, vanities, body creams, foundation, and lipstick, among other things, for her business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Nov 17, 2012
Dec 1, 2012
Currency Exchange Loss:
Nov 17, 2013