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Teresa Del Carmen

Update on Teresa Del Carmen

Teresa lives in the municipality of Ticuantepe. She is 39 years old and has two school-aged children. Her husband is an independent construction worker and helps with household expenses. Sra. Teresa is a farmer growing pineapples and citrus fruits which she sells in the market. She is seeking a loan to buy supplies for her fields such as fertilizer and other necessities so the harvest will be a good one. Then her income will increase and the standard of living for herself and her family will improve.
View original language description ↓
Teresa habita en el municiipio de Ticuantepe a la edad de 39 años es casa madre 2 hijos en edades Escolares, su esposo por su parte contribuye con los gastos del hogar ya que trabaja por cuenta propia como albañil. la actividad de doña teresa es la agricultura, cosecha piña y citricosa los cuales comercializa en el mercado. ella solicita el credito para dar mantenimiento a sus siembro comprando fertilizantes e insumos necasario para darle un optimo cuido a la cosecha. asi sus ingresos aumentaran y las condiciones de vida de ella y de su familia sera prospera.

Previous Loan Details

Doña Teresa, 38, is a farmer. Her husband is a part-time construction worker and their combined income covers the family's expenses. They have two children, both still in school. Doña Teresa grows pineapples, a crop that provides a steady income. She is applying for a loan that she will use t... More from Teresa 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
  • 102
    View loans »
    Nicaragua Loans Fundraising
  • $24,738,450
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $900 helped Teresa Del Carmen buy farming supplies.
83% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Sep 26, 2013
Sep 30, 2013
Currency Exchange Loss: