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Lizeth Margarita

Update on Lizeth Margarita

Lizeth is a young woman who completed her junior year of high school. She is in the business of selling perfume, clothes and cosmetics. She is a single mother looking to succeed with her small business.

She is requesting a loan to invest in a variety of clothes, perfumes and some footwear.

Lizeth has high hopes that in the future she may add the sale of food in the park of the region where she lives to support her children who later want to pursue a professional career.
View original language description ↓
Lizeth es una joven que llego hasta el tercer año de secundaria, se dedica a la actividad comercial de perfumes ropa y cosméticos, es madre soltera que busca como salir adelante con su pequeño negocio, solicita el crédito para invertir en variedades de ropa, perfumes y un poco de calzado. Lizeth tiene mucha ilusión de que en un futuro pueda poner una venta de comida en el parque de la comarca donde habita, para apoyar a sus hijos quienes más adelante desea que cursen una carrera profesional.

Previous Loan Details

Lizeth is a young, single mother who has not had much luck in life with her partner. She is alone and fighting to find a way to move forward in life with her teenage sons. She continues to work as a packer at a plastics company. In addition, in order to pay household costs and her children's e... More from Lizeth Margarita'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
  • 89
    View loans »
    Nicaragua Loans Fundraising
  • $25,032,475
    Funds lent in using Kiva
  • 26.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Lizeth Margarita to buy clothes, cosmetics and shoes.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 14, 2014
Apr 12, 2014
Currency Exchange Loss:
Apr 17, 2015