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Mirsa Elizabeth

Update on Mirsa Elizabeth

Mirsa works very hard and every day she is looking to move forward with her small business that sells make-up and clothes so that she can ensure that her teenage twin sons can do well. Mirsa's husband supports her with household costs, with his income from working as a driver. Mirsa is applying for a loan to invest again in the business. On this occasion she need to buy a variety of school uniforms and underwear to cover demand and, little by little, to improve her living conditions with her family.
View original language description ↓
Doña Mirsa, muy trabajadora a diario busca como salir adelante con su pequeño negocio la venta de cosméticos y ropa para garantizar el desarrollo de sus dos gemelos quienes ya son unos adolecentes, su esposo le apoya con los gastos del hogar con sus ingresos como conductor de cabezales, ella solicita el crédito para invertir nuevamente en el negocio, en esta ocasión necesita comprar variedad de ropa interior y escolar, para cubrir la demanda de sus clientes y poco a poco ir mejorando su nivel de vida con la familia.

Previous Loan Details

Mirsa continues with her clothing and Cosmetics sales because thanks to the loan she was able to stay balanced acquiring more customers and buying and selling more products. She continues working via catalogue and on prior orders and continues to store and sell her products at home. Every mon... More from Mirsa Elizabeth'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
  • 70
    View loans »
    Nicaragua Loans Fundraising
  • $25,049,000
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Mirsa Elizabeth to buy a variety of school uniforms and underwear.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Feb 28, 2013
Mar 8, 2013
Currency Exchange Loss:
Aug 17, 2014