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Miriam Del Carmen

Update on Miriam Del Carmen

Miriam is a young mother who manages to support her three children every day as a single mother.

With her small business selling a variety of things she looks for ways to get ahead so her children never lack their daily sustenance.

She's requesting a loan again to invest in her business. She doesn't have a lot of products and it's her only way to generate income for the various expenses that come up that she has to find a way to pay, such as school costs and food.
View original language description ↓
Miriam, una joven madre quien se las ingenia día a día como mantener a sus tres hijos siendo madre soltera, con su pequeña venta variada busca como salir adelante y que a sus hijos no les falte el pan de cada día, ella solicita el crédito nuevamente para invertir en su negocio el cual ya no tiene muchos productos y es su única manera de generar ingresos para los diferentes gastos que se le presentan como colegiaturas, alimentación, a los que tiene que darles solución.

Previous Loan Details

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 se... 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
  • 85
    View loans »
    Nicaragua Loans Fundraising
  • $25,792,450
    Funds lent in using Kiva
  • 24.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Miriam Del Carmen to buy cosmetics, clothing, and footwear.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Apr 27, 2013
May 14, 2013
Currency Exchange Loss:
Feb 17, 2014