Check out some available loans that are similar to this one!
Marilu Del Carmen

Update on Marilu Del Carmen

Doña Marilu has been in the business of selling secondhand clothes for 12 years. Her husband provides unconditional support. Her children are already grown, but they help out financially.

The loan she is requesting will be used to buy a bale of shoes and clothes. Marilu wants to take advantage of this season so that she can increase her earnings a little bit more. She is grateful for the support that Kiva and AFODENIC have provided by offering this loan.
View original language description ↓
Doña Marilu tiene como actividad comercial venta de Ropa de Segunda desde hace 12 años, su esposo la apoya incondicionalmente, sus hijoa ya estan mayores pero le colaboran economicamente, el credito lo esta solicitando para la compra de Paca Golden de Zapatos y Ropa ya que desea aprovechar esta tempora para que sus ganancias incrementen un poco mas, Agradece el apoyo que Kiva y Afodenic le brindan al otorgarle este credito

Previous Loan Details

Marilu lives in the municipality of Ticuantepe with her husband and children, a working woman struggling from an early age. In order to provide better conditions for her children she is a merchant selling new and secondhand clothing. Using this loan she will buy bundles of secondhand clothing for... More from Marilu 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

  • $4,800
    Average annual income
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $25,382,700
    Funds lent in using Kiva
  • 25.4
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $1,400 helped Marilu Del Carmen to buy a bale of shoes and clothes that she can sell.
Repayment Term
17 months (Additional Information)
Repayment Schedule
Mar 29, 2014
Apr 16, 2014
Currency Exchange Loss:
May 16, 2014