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Yessenia Del Carmen

Update on Yessenia Del Carmen

Yessenia continues in her business selling hardware. She works together with her husband on a small stretch in a bus terminal which is very busy with people. Two of her children still live with her and so she continues working hard for the good of the family.

Yessenia has bought more products such as hosepipes and flashlights, which are what her customers request the most of, and other products thanks to the loans she has received from Afodenic. She will invest this new loan in buying flashlights, plugs, scissors, nails, adhesive, screwdrivers, electrical wire, lamps, hammers, wrenches, water pipes, sealant, trowels and other products so that she can maintain her sales because she has a lot of demand.
View original language description ↓
Doña Yessenia sigue su negocio de productos ferreteros, el cual trabaja junto con su esposo en un pequeño tramo, en una terminal de buses, en donde la gente trafica mucho. De sus hijos solo dos están con ella, y por tal razón sigue esforzándose para el bien comun de la familia.
Yessenia ha comprado más productos en manguera, lámpara de mano que es más demandada por los clientes, entre otros productos que aumentado gracias a los préstamos otorgados en Afodenic, con este nuevo préstamo invertirá en lámpara de mano, enchufes, tijeras, clavos, pega, desarmadores, alambre para luz, lámparas, martillos, llave crece, tubos de agua, sellador, cuchara de albañil entre otros productos, para mantener sus ventas, ya que la demanda es mucha.

Previous Loan Details

Yessenia is married and her children are in school. Her plans are for her children to have careers for a better future. Together with her husband, she has been able to start out her own business. They started out some time ago with a small business loan. Their goal is to expand their business wit... More from Yessenia 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
  • 71
    View loans »
    Nicaragua Loans Fundraising
  • $25,768,275
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Yessenia Del Carmen to invest in buying hardware.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jun 15, 2012
Jun 21, 2012
Currency Exchange Loss:
May 17, 2013