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Update on Maribel

Maribel is a 50 year old resident of zone #2. She is a business woman who's main business is to purchase and sell american clothes, shoes, and cosmetics among a variety of other products that are sought after by her customers whenever they are in her store. She has more than five years of experience in developing her small business and to this day is motivated to keep moving forward as it is her main source of income.

Little by little, Maribel has been growing her business through her own efforts and with loans. She previously took a loan with Kiva which she paid on time and is grateful to Kiva because thanks she was able to satisfy the demands of her customers by delivering merchandise like clothes and shoes. She wants to continue working with loans because it is a way to move her business forward. She will invest this loan in more products for her business now that she has a larger and more demanding customer base.

Her goal is to continue growing her business and thus generate higher profits which will improve her quality of life.
View original language description ↓
Maribel tiene la edad de 50 años, habitante de la zona # 2, es Comerciente, su principal actividad es Comprar y Vender Ropa Americana, Zapato Nuevos y cosmeticos, entre otros productos diversificados que le encarguen sus clientes siempre que este en el ramo de su negocio; tiene mas de 5 años de experiencia en el desarrollo de su pequeño negocio, y hasta el momento esta motivada a seguir adelante con ello, pues es su principal fuente de ingregos. Doña Maribel ha ido poco a pocos con esfuerzo propio y creditos creciendo en su negocio, anteriormente solicito un credito a Kiva el cual cancelo en tiempo y forma y agradeces a Kiva, pues gracias a esto pudo satisfacer la demanda de su clientela en entregarle la mercaderia solicitada asi Como Ropa y Zapatos, ella quiere continuar trabajando con creditos ya que es una manera de salir adelante, por lo que solicita este credito para invertirlo nuevamente en compra de productos para el negocio ya que ahora su clientela es mas, por lo que cuenta con un numero de clientes numerosos que demandan sus productos.
Su meta es continuar creciendo en su negocio y generar mayor utilidad de modo que esto le permita mejorar su calidad de vida.

Previous Loan Details

Maribel is 48 years old and lives in zona # 2 (district 2) in Nueva Guinea. She has been a saleswoman for 4 years. She sells American and national clothes both from her home and at other people's homes where she delivers her products to her customers. She does this both in the city and also in... More from Maribel'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
  • 63
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 23.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Maribel to purchase American clothes, shoes, and cosmetics for her business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jul 21, 2012
Sep 2, 2012
Currency Exchange Loss:
Jan 18, 2014