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Laura Del Carmen

Update on Laura Del Carmen

Laura del Carmen is married. She lives in Managua. She is the family’s main support, since her husband is handicapped and cannot perform certain activities. Nevertheless, he helps her with her business, which she has had for over twenty years.

Laura is a retailer, she sells personal-use and family products. She sells them upon request but keeps some inventory for occasional sales. In the last few months, her customer base has grown and she sees the need to invest in more cosmetics and other personal products, such as creams, shampoo, perfumes and deodorants, as well as in assorted home accessories.
View original language description ↓
Laura del Carmen es casada, habita en Managua, ella es el principal y único pilar de su familia porque su esposo posee impedimentos físicos que le dificultan realizar algunas actividades, a pesar de ello, él apoya en el negocio de su esposa, el cual desarrolla desde hace más 20 años. Laura es comerciante minorista de productos de uso personal y familiar, el cual distribuye por encargo y siempre mantiene un inventario en casa para aquellos clientes eventuales, durante los últimos meses su clientela ha ido creciendo y tiene la necesidad de invertir en la compra de cosméticos, productos de uso personal como: crema, shampoo, perfume, desodorante entre otros y variedad de artículos para el hogar.

Previous Loan Details

Laura has been married for 20 years. Her husband, who is self-employed, helps her with home expenses. They have no children. One of her greatest difficulties is that she now lacks personal funds. That's why with this loan she is thinking to reinvest more in the products for her business, buying m... More from Laura 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

  • $3,636
    Average annual income
  • 133
    View loans »
    Nicaragua Loans Fundraising
  • $24,035,950
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Laura Del Carmen to buy personal products such as cosmetics, creams and shampoos, and home accessories.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Oct 11, 2013
Oct 18, 2013
Currency Exchange Loss:
Sep 17, 2014