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Indiana Del Carmen

Update on Indiana Del Carmen

Indiana Del Carmen, age 42, is single and has three children, ages 7 (second grade), 9 (fourth grade), and 18 (University). She has two businesses. One of them is selling general merchandise like cosmetics, perfume, footwear, and others in an itinerant manner. The other is a grocery store, which she has at her house.

The businesses are located in the Chinandega municipality, where her customer sales have been increasing. She has had this business for over 15 years. She started this business in order to be able to support her minor children. Also, she has always liked business.

Indiana rises day to day in order to start another day in business. This way she is able to offer each one of her customers a variety of products.

She is requesting this loan to invest more in her businesses. This is because her demand is greater than her supply. She wants to provide her customers with good service.
View original language description ↓
Indiana Del Carmen,42 años de edad, soltera con tres hijos de 7(2do grado),9(4to grado) y 18(Universidad) años, es propietaria de dos negocio uno de mercadería en general como venta de: ropa, cosméticos, perfumes, calzados, y otros el cual lo realiza de manera ambulante y otro de pulpería, el cual lo tiene en su casa de habitación, negocios que los tiene ubicados en el municipio de Chinandega, donde ha ido creciendo más en su ofertas a sus clientes, este negocio lo tiene desde hace más de 15 años, ella inicia este negocio para poder sustentar a sus hijos menores de edad, además siempre le había gustado el comercio. Indiana día a día ella se pone en pie para iniciar un día más en negocio y así poder ofrecerles a cada uno de sus clientes una variedad de productos. Ella está solicitando este crédito para invertir más en sus negocios ya que su demanda son mayores que sus ofertas y brindarles una muy buena atención a sus Clientes.

Previous Loan Details

Indiana Del Carmen works in the economic field of selling general merchandise. She started this way of life more than 12 years ago, as her family taught her to work hard long ago. She began because she had to raise her three young children, and in addition she has always liked to trade. Indiana... More from Indiana Del Carmen's previous loan »

Additional Information

Fundación Leon 2000

This loan is administered by Fundación Leon 2000. Fundación Leon 2000 began operations in 1993 as the first microfinance institution to serve the western part of Nicaragua, a country which continues to be one of the poorest in the western hemisphere. Fundación Leon 2000 works to further the development of micro, small, and medium enterprises through credit services and management, applying the best credit industry practices and technical expertise. Additionally, Fundación Leon manages several business and financial education programs in the community, specifically for young entrepreneurs and at-risk youth. Fundación Leon 2000’s group of experienced and dedicated employees works in 7 offices in Leon, Chinandega, Chichigalpa, Somotillo, Jinotepe, El Sauce, and Nagarote and serves several thousand clients (the majority of whom are women).

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
  • 43
    View loans »
    Nicaragua Loans Fundraising
  • $26,238,100
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Indiana Del Carmen to buy clothes, cosmetics, and grocery products.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Dec 27, 2012
Jan 2, 2013
Currency Exchange Loss:
Mar 17, 2014