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Miriam Del Carmen

Update on Miriam Del Carmen

Miriam is a 30-year-old single mother of three children, the oldest of which is nine years old. She works tirelessly for her children in order to give them what they need to grow and for their education, so that they become great professionals one day. This is possible thanks to her business selling clothing and cosmetics.

She is requesting a new loan to buy the products that sell best, which are makeup compacts, creams, perfumes, pants, shirts, and underwear. Everything she buys with this investment will grow her inventory, so that she can continue to care for her children.
View original language description ↓
Miriam ahora de 30 años de edad, madre soltera de tres hijos siendo el mayor de 9 años por los que trabaja incansablemente para darles lo necesario para su desarrollo y educación para que sean grandes profesionales en un futuro, todo gracias a su oficio de venta de ropa y cosméticos por lo que solicita crédito nuevamente para comprar productos de los que más se vende los cuales son vanidades, cremas, perfumes, pantalones, camisas, ropa interior; todos vendibles con esta inversión aumentar su inventario, para seguir manteniendo a sus pequeños.

Previous Loan Details

Miriam has a small business where she sells tortillas, cosmetics and clothing. She has worked in sales at the business for seven years. The business was started with her own savings and economic support from her mother. Now Miriam has a large clientele and she sells Avon products. She sells t... More from Miriam 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
  • 57
    View loans »
    Nicaragua Loans Fundraising
  • $26,430,500
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Miriam Del Carmen to buy makeup compacts, creams, perfumes, pants, shirts, and underwear.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Sep 13, 2012
Nov 1, 2012
Currency Exchange Loss:
May 17, 2013