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Camila Lyli

Update on Camila Lyli

Camila is a single woman who only seeks to get ahead in life. Her children are married and independent, and although they help her it is not the same since they have their own responsibilities. Camila fights with her small business selling clothes and cosmetics. It is her only means of income so she can pay the bills, and it is for this reason she needs to always invest in products to sustain it. With the loan, she plans to purchase clothes, shoes, cosmetics and other items, since she does not have much to offer her customers at the moment.
View original language description ↓
Doña Camila, una señora soltera que sola busca como seguir adelante en la vida, ya sus hijos son casados e independientes, aunque ellos le ayuden no es igual ya que tienen sus propias responsabilidades, ella lucha con su pequeño negocio de venta de ropa, cosmeticos, es su único medio de ingresos con los que paga sus gastos principales del hogar, es por eso que ella necesita invertir siempre en productos para mantenerse, con el crédito que solicita comprara ropa, calzado, cosméticos entre otros, ya que no tiene mucho que ofrecer a los clientes.

Previous Loan Details

Camila, a hard-working and entrepreneurial businesswoman, has her business selling cosmetics and various types of merchandise. With her own effort she has managed to make improvements in her lifestyle, and the loans have been support for realizing her goals. In the previous loan cycle she inves... More from Camila Lyli's previous loan »

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.

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
  • 100
    View loans »
    Nicaragua Loans Fundraising
  • $24,800,300
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Camila Lyli to purchase clothes, shoes and cosmetics.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2013
Listed
May 22, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014