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Maria Del Carmen

Update on Maria Del Carmen

María and her husband continue with their small grocery store. She has worked a lot in her life, doing a lot of sewing to support her many children, who are now independent.

She's requesting the loan to invest in her main profession, buying raw materials (such as a variety of fabric and accessories to be able to fill several sewing orders) and cosmetics products.

This way she won't stop working, because she considers her job a form of therapy to keep from getting sick.
View original language description ↓
Doña María, en compañía de su esposo continúan con su pequeña pulpería, en su trayecto ha trabajado bastante como hacer muchas costuras para mantener a sus hijos, los cuales son muchos y ahora independientes, ella solicita el credito para invertir en su oficio principal, comprando materia prima como telas variadas y accesorios para poder cumplir con varios pedidos de costuras y comprar productos de cosméticos, esto para no dejar de trabajar ya que ella toma como terapia para no enfermarse, el trabajo.

Previous Loan Details

Maria continues running her grocery store and selling cosmetics which helps her financially. She sells Avon and Zertmat products on two weeks' credit. She sells a lot because her prices are affordable. The growth of her small business is a priority for Maria as it is how she supports herself... More from Maria 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
  • 53
    View loans »
    Nicaragua Loans Fundraising
  • $26,297,675
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Maria Del Carmen to buy fabric, accessories, and cosmetics.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Feb 28, 2013
Mar 7, 2013
Currency Exchange Loss:
Apr 16, 2014