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Ilva Del Carmen

Update on Ilva Del Carmen

Ilva is a resident of Laureles Sur a marginal neighborhood in Managua. She is a hard-working woman, always looking for a way to give an education to her two children who have not yet completed their studies. She has the support of her husband, who works as a heavy transport driver.

Ilva supports the household expenses with her small business, so she's always on the lookout for products to sell. She's applying for the loan to invest in high-demand products, such as basic grains, dairy products, sweets, meat and other items.
View original language description ↓
Ilva, habitante de un barrio marginal de Managua Laureles Sur, es una mujer trabajadora que siempre busca la manera de darles la educación a 2 de sus hijos que aun no han culminado sus estudios, cuenta con el apoyo de su esposo quien es conductor de transportes pesados. Ilva se apoya con su pequeño negocio para los diferentes gastos del hogar, por lo que siempre está pendiente de tener productos para vender. Solicita el crédito para invertir en productos de mayor demanda como granos básicos, lácteos, golosinas, carnes entre otros.

Previous Loan Details

Ilva continues working in her grocery store business and selling school supplies. She has been investing in stock through loans from Afodenic. This has been of great use to her household. Ilva's husband works as a driver and her children are in school. Ilva will invest this new loan in buyi... More from Ilva 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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $25,382,700
    Funds lent in using Kiva
  • 25.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Ilva Del Carmen to buy basic grains, dairy products, sweets, meat and other items.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jun 8, 2013
Jul 3, 2013
Currency Exchange Loss:
Mar 17, 2014