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Mariela Del Carmen

Update on Mariela Del Carmen

Young Mariela del Carmen lives in the Memorial Sandino neighborhood. She’s single and has no children. Her commercial activity is a grocery store and snack bar; her mother helps her always and together they’ve succeeded in getting ahead. Her goal is to continue investing in home infrastructure improvements so she’s opting for a second Afodenic and KIVA loan to add a room for more comfort and gradually organize her dwelling better. She will use the loan to buy cement, sand, blocks, rebar, roof purlins, metal sheeting and to pay labor costs.
View original language description ↓
La joven Mariela del Carmen es habitante del barrio memorial Sandino, soltera sin hijos, su actividad comercial es la pulpería y comideria siempre con el apoyo de su mamá, juntas han logrado salir adelante y como meta está el seguir invirtiendo en mejorar la infraestructura de su casa, está optando por su segundo crédito con Afodenic y KIVA para realizar un cuarto y tener más comodidad e ir ordenando poco a poco su vivienda, con el préstamo comprara cemento, arena, bloques, hierro, perlines, zinc y pagara la mano de obra.

Previous Loan Details

Mariela works in retail; she has a general store and also runs a diner with the help of her mom, which has been a source of income for some time. Her plans are to improve her home's infrastructure. With the loan that she is requesting, she will purchase construction materials such as cement, ... More from Mariela 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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Nicaragua

  • $4,800
    Average annual income
  • 61
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Mariela Del Carmen to buy building materials and to pay labor costs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 18, 2012
Jan 1, 2013
Currency Exchange Loss:
Dec 17, 2013