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Amalia Del Carmen

Update on Amalia Del Carmen

Amalia is 29 years old. She lives with her partner and is the mother of two children. She is the owner of a bakery in her house. She has the help of her family in the production and sale of her product. She also has some employed workers and therefore, her production is ample. She sells in her house and as a street vendor in her community. With her previous loans she was able to improve her house and also buy a blowtorch, which is beneficial to get more production. She is requesting the loan to buy frying pans and basic ingredients such as flour, eggs, oil, sugar, yeast, fire logs, etc. This partner has been working with the institution for 16 cycles and has shown to be a successful and very hardworking partner.
View original language description ↓
la señora Amalia de 29 años de edad acompañada y madre de dos hijos, es propietaria de una panadería en su domicilio, cuenta con la ayuda de su familia para la elaboración y venta del producto, también tiene trabajadores remunerados por lo que la producción es amplia y los comercializa en su domicilio y de manera ambulante en su comunidad, con los créditos anteriores la socia ha logrado mejorar a su vivienda y también la compra de un soplete que es de beneficio para lograr mayor producción, el crédito lo solicita para la compra de sartenes y materia prima como es harina, huevo, aceite, azúcar, levadura, leña, etc. La socia lleva 16 ciclos trabajando con la institución y ha demostrado ser una socia exitosa y muy trabajadora.

Previous Loan Details

Amalia is a 29-year old successful entrepreneur. She lives with her partner and has run her own bakery business at home for 8 years. She previously worked as a mobile seller of fresh fruit, but started to invest her small earnings in supplies to make bread. Her business has been growing ever sinc... More from Amalia Del Carmen's previous loan »

Additional Information

About ADIM

Located in Central America, ADIM is a small microfinance institution with a strong social focus. In the saturated microfinance market of Nicaragua, ADIM stands out for its emphasis on the holistic development of women as well as its provision of responsible financial services. Founded in 1989 by a small group of Nicaraguan women, this institution has remained true to its initial goal of providing its clients (90% of which are women) with an opportunity for economic growth, in addition to personal and professional empowerment. Supporting an ADIM borrower means contributing not only to the continued offering of the socially conscious services it provides, but also to the sustainable growth of a truly unique microfinance institution.

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
  • 110
    View loans »
    Nicaragua Loans Fundraising
  • $24,828,400
    Funds lent in using Kiva
  • 25.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Amalia Del Carmen to buy supplies such as flour, butter, sugar, coloring, yeast, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 8, 2014
May 27, 2014
Currency Exchange Loss:
Nov 17, 2014
This photo was used before for a previous loan for Amalia Del Carmen. It was first posted on Kiva on May, 2013. Learn More