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Carmen Pastora

Update on Carmen Pastora

Doña Carmen is an enterprising woman who continues to manage her business of running a gymnasium while offering rooms for rent. This enables her to look after her school-age children since she is much closer to them. Carmen also has the support of her husband who works as a driver. She and her husband work every day.

The loan she is requesting will be used to buy wooden doors and ceramic tiles so that she can continue adding finishing touches to her gymnasium. Thanks to the profits she has generated, she will be able to make these improvements that will give her business a nice appearance. As a result, she will generate better earnings and be able to help her family even more.

View original language description ↓
Doña Carmen, mujer emprendedora continua siempre adelante con su negocio de gimnasio y a la vez alquila cuartos, labor que le permite cuidar más de cerca a sus pequeños hijos quienes van a la escuela, cuenta también con el apoyo de su esposo quien trabaja como conductor, así trabajan a diario doña Carmen y su esposo, este crédito que solicita es para poner puertas de madre, cerámica para seguir acondicionando el gimnasio, gracias a las ganancias obtenidas podrá hacer estas mejoras para dar una buena imagen, obtener mejores ingresos y ayudar más a su familia.

Previous Loan Details

Carmen Pastora is 41 years old. She has 3 children and had a store that she had to close because her younger son, who is 18 months old, got sick again. Right now, she sells ice cream and rents out 3 rooms. Her husband works as a driver and helps with the household expenses. Now she has opened a g... More from Carmen Pastora'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
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $25,406,150
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Carmen Pastora to buy doors, ceramic tiles, and cement in order to complete her gym.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Apr 10, 2013
Apr 17, 2013
Currency Exchange Loss:
Mar 17, 2014