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Miriam De La Paz

Update on Miriam De La Paz

Doña Miriam lives in a very poor neighborhood of Managua. She now has two of her sons, who are in public elementary schools, in her care. Her greatest wish is that they finish studying for careers. Miriam is an entrepreneurial person. She was making food and selling it, but it went badly for her, so now she sells cosmetics as a street vendor. She is applying for the loan to invest in improving her home, since the roof is now deteriorated in the main part of the house, and she will also put tile on the floor. With the loan, she will buy materials such as sheets of zinc, purlins, cement, and tile, and also pay for labor.
View original language description ↓
Doña Miriam, es habitante de un barrio muy pobre de Managua, actualmente tiene bajo su cargo a dos de sus hijos quienes estudian en colegios públicos, su mayor deseo es que ellos terminen una carrera profesional. Miriam es una persona emprendedora, hacia comida y vendía pero le fue mal por lo que ahora se dedica a la venta de cosméticos de manera ambulante. Solicita el crédito para invertir en mejorar su hogar ya que este presenta deterioro en el techo en la parte principal de la sala y también pondrá cerámica en el piso, con el financiamiento comprara materiales como láminas de zinc, perlines, cemento, cerámica y el pago de mano de obra.

Previous Loan Details

Miriam continues in commerce. Today she’s selling cosmetics, a change in line of work since she used to sell nacatamales (Nicaraguan-style tamales) and vigorón [cabbage salad known as curtido (chopped cabbage, tomatoes, onions, and chili pepper marinated in vinegar and salt), boiled manioc, an... More from Miriam De La Paz'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
  • 70
    View loans »
    Nicaragua Loans Fundraising
  • $25,049,000
    Funds lent in using Kiva
  • 25.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Miriam De La Paz to buy materials such as zinc sheets, purlins, cement, and tile, and pay for labor.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 10, 2013
Sep 18, 2013
Currency Exchange Loss:
Aug 17, 2014