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Aracely Del Carmen

Update on Aracely Del Carmen

Aracely lives in the neighborhood of Memorial Sandino, which is on the outskirts of Managua. Her husband works as a laborer. They support each other and are working together to find the best path forward for themselves and their children.

She is continuing to run her small grocery store, which at the moment is her only source of income. She is seeking this loan in order to make improvements to her home. She needs to invest in iron grating and a gate for her porch, since it is currently very exposed to the outside. Through this investment she will be able to provide greater security for her family.
View original language description ↓
Doña Aracely, habita en el barrio Memorial Sandino, una zona marginal de Managua, está casada su esposo trabaja como obrero, ambos se apoyan y buscan como salir adelante junto a sus hijos, Aracely continua con su pequeño negocio de pulpería que hasta la fecha es su único medio de ingresos. E l crédito lo solicita para mejorar las condiciones de su casa, necesita invertir en poner verjas y puertas al porche de su vivienda, ya que está muy expuesta, con esta inversión podrá brindar mayor seguridad a su familia.

Previous Loan Details

Señora Aracely is 35 years old. She is a businesswoman who began to work a number of years ago to support her family. She continues with her convenience store, which has already been her principal support for approximately eleven years. Her husband, who sells construction materials in a truck, su... More from Aracely 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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Nicaragua

  • $4,800
    Average annual income
  • 67
    View loans »
    Nicaragua Loans Fundraising
  • $25,083,125
    Funds lent in using Kiva
  • 24.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Aracely Del Carmen to guy iron grating and a prefabricated gate for her porch.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jun 22, 2013
Jul 9, 2013
Currency Exchange Loss:
Jun 17, 2014