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Angela Del Carmen

Update on Angela Del Carmen

Angela is a hard-working woman who wakes up early to open her small business, a stationery store, in which she has been investing, little by little. She now also sells products such as clothes and cosmetics to ensure that she has enough to pay the household expenses and can help her children stay in school. Her husband supports her, but he earns very little as a teacher. Nevertheless, they find ways to get by. This is the eleventh loan that Angela is requesting, and she will use it to invest in buying products that she needs for her business so that she retains her customers.
View original language description ↓
Doña Angela, una señora trabajadora que muy de mañana se levanta a abrir su pequeño negocio de librería al que a la par ha estado invirtiendo poco a poco productos como ropa y cosméticos para garantizar pagar los gastos del hogar y ayudar a sus hijos a continuar la escuela, cuenta con el apoyo de su esposo quien gana muy poco como docente, pero así buscan como salir adelante acomodándose de una u otra manera. Este onceavo crédito que solicita lo utilizara para invertir nuevamente en su negocio con productos que le hace falta para mantener siempre la clientela.

Previous Loan Details

Angela has been selling new clothing and shoes for some years now. Her husband works as a teacher and 2 of her children also work, while the youngest is still in school. This year has been difficult because her youngest daughter got cervical-uterine cancer which was a big shock and caused a l... More from Angela 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
  • 56
    View loans »
    Nicaragua Loans Fundraising
  • $26,429,900
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Angela Del Carmen to buy pencils, notebooks, reams of paper, shirts, and pants.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
May 28, 2013
Jun 11, 2013
Currency Exchange Loss:
Dec 17, 2014