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Yessenia Del Carmen

Update on Yessenia Del Carmen

Yessenia is a very hardworking woman who is seeking to get ahead with her husband in their small business, a hardware store they have had for years. They are raising two children who are in school. The oldest is 20 and is on his own and they have given him a good education. Every morning Yessenia goes with her husband from their home to the market where they have their business to do the day's sales. The loan she is asking for is to invest again in her business, which is the only source of income to pay for the family's expenses, which are inevitable. In the future, she hopes to outfit her section better, so it can be more attractive to the customers.
View original language description ↓
Doña Yessenia, una mujer muy trabajadora que busca como salir a delante junto a su esposo con su pequeño negocio de ferretería desde hace años, ellos tienen a su cargo a dos de sus hijos quienes están estudiando, el mayor de 20 años es independiente a quien le han inculcado una buena educación, doña Yessenia todas las mañanas se traslada con su esposo de la casa hasta el mercado donde tiene ubicado el negocio para poder hacer la venta del día. El crédito que solicita es par a invertir nuevamente en su negocio que es el único medio de ingresos para continuar con los diferentes gastos familiar, que son inevitables. Ella en un futuro espera acondicionar mejor su tramo, para tener una mejor presentación ante los clientes.

Previous Loan Details

Yessenia continues in her business selling hardware. She works together with her husband on a small stretch in a bus terminal which is very busy with people. Two of her children still live with her and so she continues working hard for the good of the family. Yessenia has bought more product... More from Yessenia 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 Nicaragua

  • $4,800
    Average annual income
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,770,775
    Funds lent in using Kiva
  • 24.6
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $1,500 helped Yessenia Del Carmen to buy various wrenches, screwdrivers, hoses, lamps, locks and more.
Repayment Term
15 months (Additional Information)
Repayment Schedule
May 21, 2013
Jun 4, 2013
Currency Exchange Loss:
Jul 4, 2013