Aracely is from the city of Estelí. She is married and has three children. She is 47 years old and a merchant by trade. Her business is selling second-hand clothes.
She is grateful to MiCredito and Kiva for the support provided through this loan. She managed to increase her inventory and get greater income. Her goal is to continue investing in her business and to sell silver jewelry.
She is requesting this new loan to buy bundles of used clothes wholesale and shoes. She will do this in order to offer a great quantity of varied clothing. She feels that this loan will be very helpful to her because she will be able to diversify her offerings and get good profits. Her plan for the future is to expand her inventory and her business.
Doña Aracely es originaria de la ciudad de Estelí, casada y madre de tres hijos. De 47 años de edad. Es de oficio comerciante, se dedica al negocio de venta de ropa usada. Esta agradecida con MiCredito y kiva por el apoyo brindado a través de este financiamiento ya que logro aumentar su inventario y obtener mayores ingresos. Su meta es seguir invirtiendo en el negocio y vender joyerías de plata. Solicita este nuevo crédito para comprar pacas por mayor de ropa usada, zapatos, con el fin de ofrecer una gran cantidad de ropa variada. Estima que el crédito le será de mucha ayuda ya podrá diversificar sus ofertas y adquirir buenas ganancias. Su plan futuro es extender su inventario y su negocio.
Previous Loan Details
Aracely is from the city of Esteli. She’s the mother of three children, ages 16, 14, and 10, all of whom attend school. She’s married and is a merchant by trade, selling second hand clothing from a small store set up in her home. She started this business with her own money and aside from this...
More from Aracely Del Carmen's previous loan »
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.