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Mirsa Elizabeth
Mirsa is a hard-working woman. Over eight years ago she was able to set up a small business selling cosmetics. She sells a variety of products like ice cream, smoothie like fruit drinks, and soft drinks. She is 31, married, and has two children. The children are seven year old twins who are in primary school. Her husband works as a driver of heavy transport. They work together to be able help each other and to be able to support their children.

She started this small business with the economic help that her mother gave her. Then, she got a loan with Afodenic. Sales have been growing, and she has gotten more customers.

With this loan she will buy perfume, body and face cream, beauty products, lipstick, make-up, powder, deodorant, and hair coloring. Her customers place orders because she works with catalogs and with Avon products. She will also buy more ice cream, soft drinks, and pastry. She will do this to increase sales and be able to buy another display case in the future where she can continue offering her products. All of this has been possible with the help of the institution through their payment installments and help to small business people.
View original language description ↓
La señora Mirsa, es una mujer emprendedora, desde hace mas de ocho años logro poner un pequeño negocio de ventas de cosméticos, en donde vende una variedad de productos , así como eskimo, frescos y gaseosa. Tiene 31 años de edad, casada, procreo dos hijos los cuales es un par de gemelos de 7 años, ya cursan su primaria, su esposo trabaja como conductor de transporte pesado, y junto trabajan para poder ayudarse y poder apoyar a sus hijos. Inicio este pequeño negocio con ayuda económica que su mama dio, luego con financiamiento que Afodenic ha otorgado ha ido creciendo en venta como en la captación de clientes. Con este préstamo comprara: perfumenes, cremas para cuerpo, cutis, vanidades, pinturas de labios, maquillajes, talcos, body, deseorantes, tintes de cabellos, así como sus clientes le hacen encargos ya que trabaja con catálogos y con productos de la Avon. También comprara más eskimo, gaseosas, repostería para aumentar las ventas y poder a futuro comprar otra vitrina en donde pueda seguir ofertando sus productos. Todo esto ha sido posible con la ayuda de la institución por sus plazos de pagos y ayuda al pequeño comerciante.

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 Nicaragua

  • $4,800
    Average annual income
  • 59
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 21.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Mirsa Elizabeth buy perfume, body and face cream, beauty products, lipstick, make-up, powder, deodorant, and hair coloring.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 12, 2010
Feb 18, 2010
Currency Exchange Loss:
Dec 15, 2010