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Maritza Del Carmen

Update on Maritza Del Carmen

Maritza lives in a low-income neighborhood with humble homes. She sells basic grains in one of the markets in Managua, and through this small business covers the main costs of her home. Today she asks for a loan to be able to continue with the third stage of home improvements, laying ceramic tile on the floor of the kitchen and bathroom. With the loan she will be able to buy materials like tile and cement, so that she can continue improving her living conditions, with better hygiene and order in her home.
View original language description ↓
Maritza, vive en un barrio en donde los habitantes son de escasos recursos económicos y las viviendas son muy humildes, ella se ha dedicado a la venta de granos básicos en uno de los mercados de Managua, por medio de este pequeño negocio mantiene sus gastos principales del hogar. Hoy en día solicita su crédito para poder continuar con una tercera etapa de mejoramiento de su vivienda, como es poner cerámica al piso en el área de la cocina y el baño, con el préstamo podrá comprar los materiales como cerámica, cemento, de esta manera Maritza irá mejorando sus condiciones de vida, logrado mayor higiene y orden en su casa.

Previous Loan Details

Maritza is married. Her husband works for a university. Her son is a student and she supports him with her business selling beef and basic grains. She helps her family with this work, which she has done for 16 years. This eighth loan is for infrastructure, which she still lacks. This time ... More from Maritza 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 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

  • $3,636
    Average annual income
  • 149
    View loans »
    Nicaragua Loans Fundraising
  • $24,077,475
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Maritza Del Carmen to buy ceramic and cement.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 7, 2013
Nov 20, 2013
Currency Exchange Loss:
Oct 17, 2014