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Gladis Del Carmen

Update on Gladis Del Carmen

Gladis del Carmen is a mature single mother with two adult children. She comes from one of the towns in Chinandega, an area situated in the west of the country. She is a small businesswoman, buying and selling general merchandise such as various styles of new clothing, cosmetics, shoes and other items. She sells in cash and on credit to regular and occasional customers, all through orders and as a street vendor. She begins her day very early carrying a large bag on her back from which she starts to sell her merchandise.

One of her dreams is to improve her home and for her business to be bigger. The purpose of the loan is to invest in merchandise so she can have a better supply of stock since at this time of year she has more demand and makes better profits.

Gladis is very grateful to the Kiva lenders for the support they give to people of limited means.
View original language description ↓
Gladis del Carmen mayor de edad soltera con dos hijos mayores de edad originaria de uno de los municipios de Chinandega zona ubicada en el occidente del país, es una micro empresaria la cual se dedica a la compra venta de mercadería en general como: variedades estilos de ropa nueva, cosméticos, zapatos entre otros, sus compras las realiza al contado y al crédito a clientes fijos y eventuales todos por encargo y de forma ambulante, ella inicia su jornada diaria desde muy temprano llevando a cuesta un bolso grande donde comienza a distribuir su mercadería, uno de sus sueños es poder mejorar su casa de habitación, y que su negocio sea mas grande, el objetivo de este crédito es para invertir en mercadería y poder surtir mas su inventario por lo que para estas fechas sus demanda son mayores y sus ganancias son mejores. Gladis Agradece mucho el apoyo que los inversionistas kivas les ofrece a personas de bajos recursos económicos.

Previous Loan Details

Gladis del Carmen is an entrepreneur who started her own business selling general merchandise. She already has experience in this business and knows what her customers want to order. Gladis started this business so that she could generate income for her family and help her children move forward... More from Gladis 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
  • 70
    View loans »
    Nicaragua Loans Fundraising
  • $25,759,425
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Gladis Del Carmen to buy new clothing for children and adults, shoes, cosmetics and other items.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 24, 2013
Nov 11, 2013
Currency Exchange Loss:
Oct 17, 2014