Check out other loans that are currently fundraising!
Francisca Del Carmen

Update on Francisca Del Carmen

Francisca’s small food stall is currently located outside a bank. Three of her children work in this family business. The loan she is requesting is to invest in products such as basic grains, vegetables, oil, meat, chicken, seasonings and other items that will allow her to continue.
View original language description ↓
Doña Francisca actualmente vive del negocio de comedor en un pequeño kiosko ubicado en las afueras de un banco, el cual trabaja junto a tres de sus hijos quienes también se apoyan de este negocio familiar. el crédito que solicita doña Francisca es para invertir en el negocio con productos como: granos básicos, verduras, aceite, carne, pollo, sazonadores entre otros que le permitan seguir adelante.

Previous Loan Details

Francisca’s a single mother of 8 adult children. She’s always sacrificed working day and night to move them ahead so that they would be upstanding citizens. She’s guided all of them and supported them through her work selling home cleaning supplies from place to place; she also earns income rent... More from Francisca 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
  • 71
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 27.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Francisca Del Carmen to purchase basic grains, vegetables, oil, meat, chicken, and seasonings.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 25, 2014
Apr 29, 2014
Currency Exchange Loss:
Nov 17, 2014