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Mireya Luisa

Update on Mireya Luisa

Mireya is the mother of three children who attend local public school. Mireya supports her children by selling cosmetics, clothing, and purses. She has applied for this loan to buy underwear, sandals, perfumes, and pants at one of the city's markets to sell and offer variety to her customers and to keep moving forward with her family.
View original language description ↓
Mireya, madre de tres hijos quienes están en edad escolar, los cuales acuden a colegios públicos cerca del barrio donde habitan. La actividad comercial de Mireya con lo que mantiene a sus hijos es la venta de cosméticos, ropa variada y bolsos. Ella solicita este crédito para comprar más productos como ropa interior, sandalias, perfumes y pantalones en uno de los mercados de la capital para comercializarlos y ofrecer variedad a sus clientes, de esta manera Mireya intenta salir adelante junto a su familia.

Previous Loan Details

Mireya dedicates herself to selling new clothing, used clothing and cosmetics, and has been working for more than sixteen years to support her family. She is the mother of four children who are students, and her husband is an electrician. Together, they managed to obtain their own home with m... More from Mireya Luisa'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.

Tags

About Nicaragua

  • $4,800
    Average annual income
  • 97
    View loans »
    Nicaragua Loans Fundraising
  • $24,800,300
    Funds lent in using Kiva
  • 25.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Mireya Luisa to buy underwear, sandals, perfumes, and pants.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 10, 2013
Listed
Sep 22, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014