Check out some available loans that are similar to this one!

Update on Xiomara

Xiomara is known for being a hardworking woman who has been able to manage her capital. She makes a living selling clothing for men, women, and children. She also sells cosmetics, shoes, and other items. She has run this business for more than 10 years, using it to support her household.

She has gotten her three children ahead; they work and attend college. In spite of being a single mother, Xiomara works hard in her job. Every day she rises with the hope that every time her customers arrive, the profit will guarantee her daily sustenance.

She needs to invest in her business, so she's requesting a loan to buy a variety of clothing and footwear to increase her inventory and earn more profit.

Her expenses are more all the time because of her household obligations and the increase in the cost of staples, which she needs to address with loans so as not to affect her working capital. She has had loans and said it's the way to be able to get ahead.
View original language description ↓
Xiomara se caracteriza por ser una mujer trabajadora que ha sabido manejar su capital, se dedica al Comercio de Ropa de Damas, Caballeros y niños; así también vende cosméticos, Zapatos entre otros artículos negocio que administra desde hace mas de 10 años aplicándolo para el mantenimiento de su hogar, ha sacado adelante a sus tres hijos quienes trabajan y estudian en la Universidad. Xiomara a pesar de ser madre soltera se esfuerza en su trabajo día a día se levanta con la esperanza que cada vez lleguen sus clientes y pueda garantizar el sustento diario con la ganancia. Tiene la necesidad de invertir en su negocio por lo que solicita crédito para comprar Ropa variada, Calzado para incrementar su inventario y así obtener mayores ganancias ya que el gastos cada vez es mayor por las obligaciones en su hogar y el incremento en la canasta básica, por lo que necesita solucionar con créditos y no afectar su capital de trabajo. Ha trabajado con créditos y expresa que es la manera de poder salir adelante.

Previous Loan Details

Xiomara is a hard-working woman who sells clothing, shoes and cosmetics. Through her own efforts she has been able to provide for her three children, who are all studying at the university. She is proud of the fact that they are getting an education to become professionals and good citizens. ... More from Xiomara'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
  • 38
    View loans »
    Nicaragua Loans Fundraising
  • $26,366,175
    Funds lent in using Kiva
  • 26.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Xiomara to buy clothing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 21, 2014
Jul 3, 2014
Currency Exchange Loss:
Nov 17, 2014