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Mercedes is a single mother who is looking for a way to move ahead with her son, who studies and works. Mercedes has a small store in which she sells a variety of clothing and footwear. Through this she receives the income with which she provides for her daily needs. She is asking for the loan in order to buy shirts, pants, skirts, underwear, and cosmetics.
View original language description ↓
Mercedes es una mujer soltera que busca la manera de salir adelante junto a su hijo quien estudia y trabaja, Mercedes tiene una pequeña tienda en donde vende ropa variada y calzado, por este medio recibe sus ingresos con lo que mantiene sus necesidades diarias. Solicita el crédito para comprar camisas, pantalones, faldas, ropa interior y cosméticos.

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.


About Nicaragua

  • $4,800
    Average annual income
  • 60
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 25.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Mercedes to buy shirts, pants, skirts, underwear, and cosmetics.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Feb 17, 2014
Mar 10, 2014
Currency Exchange Loss:
Mar 17, 2015