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Maritza Del Carmen

Update on Maritza Del Carmen

Maritza is married. Her husband works for a university. Her son is a student and she supports him with her business selling beef and basic grains. She helps her family with this work, which she has done for 16 years.

This eighth loan is for infrastructure, which she still lacks. This time she wants to put in a floor and the rooms of her house; they're made of dirt and it's very uncomfortable and dirty to live in these conditions. So she's requesting another loan, because she can't cover this expense in a single payment to buy cement, sand, cinder blocks, and gravel.

She's very grateful to the financial institution for this support offered.
View original language description ↓
Doña Maritza es casada su esposo trabaja para una universidad, su hijo estudia y ella lo apoya por medio de su negocio la venta de carne de res y granos básicos lo cual lleva ejecutando hace 16 años y con esto ayuda a su familia, este 8vo crédito es para infraestructura que todavía le falta mucho, en esta ocasión desea poner el piso en los cuartos de la casa los cuales son de tierra y es muy incomodo y desaseado vivir en esas condiciones por lo que acude a solicitar financiamiento nuevamente ya que ella no puede cubrir este gasto de un solo pago para comprar cemento, arena, bloques, piedrines, agradece mucho a la financiera por este apoyo brindado.

Previous Loan Details

Maritza is 46 years old and a hard working woman. With her husband’s help, she has managed to have her house built, but it still needs many improvements, which they will make steadily, with the help of financing. Maritza has had a small business for several years, selling meat, poultry, rice... More from Maritza 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 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

  • $3,636
    Average annual income
  • 140
    View loans »
    Nicaragua Loans Fundraising
  • $24,079,275
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Maritza Del Carmen to buy cement, sand, cinder blocks, and gravel for a floor.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jan 31, 2013
Feb 2, 2013
Currency Exchange Loss:
Nov 17, 2013