Funded

Total loan: $875
Powered by 28 lenders

Aracely Del Carmen

Nicaragua
Managua, Nicaragua / Food Market

A loan of $875 helped to purchase basic grains, milk products, cosmetics and others to increase her sales.


Aracely Del Carmen's story

Araceli del Carmen Ríos is 32 years old. She lives in the Memorial Sandino neighborhood in the capital of Managua. She has two children, aged 6 and 9, who study for better lives and wellbeing. Her business is in the sales of milk products, sodas, candies and cosmetics like a small general store. She started this business with money that her husband gave her and with financing from Afodenic. This is her tenth cycle, and she has been able to invest in her business to supply it and increase her sales. Her husband has two trucks from which he sells sand, gravel and quarry rock and makes trips to obtain them, so everything is profit. Araceli will invest this loan in the purchase of basic grains and cosmetic goods to offer her customers a variety of products, which she hopes will increase her sales and outcome. Her plan is to continue constructing her house to give a decent home to her family.

Translator profile picture

Translated from Spanish by Kiva volunteer Rebecca Towle



Loan details

Loan length:

14 months
Disbursed date: September 21, 2009

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: September 21, 2009