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Luz Lourdes

Update on Luz Lourdes

Luz is a woman who like a lot of people in Nicaragua own pulperias (small grocery stores). She sells basic daily use items. She is a single mother who right now has her young son in her care. He is studying to prepare for life.

Luz continues to operate her small business in order to pay the household expenses. She is requesting a loan to invest in more products as her inventory is low. This investment would be useful as she can take advantage of the sales in the last two months of the year, which are normally very good.
View original language description ↓
Doña Luz es una señora que como muchos nicaragüenses se dedica a la pulpería, vendiendo productos básicos para el consumo diario del hogar, ella es madre soltera, en la actualidad tiene a su hijo menor bajo su cargo a quien brinda sus estudios para que se pueda preparar en la vida. Luz para continuar alimentando su pequeño negocio para mantener sus gastos del hogar, solicita el crédito para poder invertir con más productos, ya que carece de inventario, esta inversión le vendrá bien para aprovechar las ventas de estos últimos dos meses los cuales son muy buenos.

Previous Loan Details

Luz and her husband work from sunrise to sunset every day. He is a welder. She runs her small grocery, offering a variety of items like clothing, cosmetics, jewelry, and perishables to earn extra income to pay the ever-increasing expenses to support their three children. As with previous loans, s... More from Luz Lourdes'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
  • $24,800,300
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Luz Lourdes to buy basic grains, cereals and oil.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Oct 24, 2013
Nov 5, 2013
Currency Exchange Loss:
Sep 17, 2014