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Marilu Del Carmen
Marilu lives in the municipality of Ticuantepe with her husband and children, a working woman struggling from an early age. In order to provide better conditions for her children she is a merchant selling new and secondhand clothing. Using this loan she will buy bundles of secondhand clothing for children, teenagers, and adults as the demand from her customers is increasing. She is grateful for the help from Afodenic and Kiva lenders.
View original language description ↓
La señora Marilu habita en el municipio de Ticuantepe junto a su esposo e hijos, mujer trabajadora, desde muy joven a luchado para darle mejores condiciones a sus hijos, ella es comerciante vende Ropa nueva y de segunda, con este credito comprara Pacas de Ropa de Segunda para niños, Adolescentes y Adultos ya que la demanda de sus clientes esta aumentando. Agradece el Apoyo de Afodenic y Fondos Kiva.

Additional Information

About AFODENIC

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.

About Nicaragua

  • $3,636
    Average annual income
  • 153
    View loans »
    Nicaragua Loans Fundraising
  • $24,077,475
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Marilu Del Carmen to buy bundles of secondhand clothing for her business.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2013
Listed
Mar 6, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014