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Angela Del Carmen
Mrs. Ángela del Carmen is a woman with a strong desire to get ahead in life. She sells clothing, a business she launched with her own money five years ago. She lives in the 380 neighborhood of the capital city of Managua, is married and has an 11-year-old son who is currently in primary school. This is her seventh loan from Afodenic, and she would like to thank the institution because it has helped her improve her home and boost her sales. With the requested loan, she will buy construction materials to install ceiling panels in order to improve her family's living conditions. She plans to improve her sales in order to earn more and educate her son.
View original language description ↓
La señora Ángela del Carmen es una mujer con deseo de superación, su negocio es la venta de ropa que inicio con fondos propios hace cinco años, tiene 47 años de edad, reside en el barrio 380 en la capital de Managua, casada y con un hijo de 11 años de edad, que cursa su primaria. Con este crédito es su séptimo ciclo en Afodenic el cual da las gracias por que ha podido mejorar su vivienda como incrementar sus ventas con esta solicitud va a comprar materiales de construcción para poner cielo razo y poder estar en buenas condiciones con su familia. sus planes es incrementar sus ventas para obtener mejores ingresos y poder dar estudio a sus hijo.

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.

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

  • $4,800
    Average annual income
  • 44
    View loans »
    Nicaragua Loans Fundraising
  • $26,295,350
    Funds lent in using Kiva
  • 20.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Angela Del Carmen buy construction materials to install ceiling panels.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jul 24, 2009
Aug 5, 2009
Currency Exchange Loss:
Sep 15, 2010