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Lorena Del Carmen

Update on Lorena Del Carmen

At age 16, most young people are thinking of going to university, going to parties or becoming independent. Becoming independent was Lorena's goal when she was that age. She is now 32 years old, and has worked selling clothing, footwear and cosmetics for 16 years. She is single and does not have children.

At age 16, Lorena finished high school and went ahead with her plans to become independent and help her mother. Her mother saw her enthusiasm, and so helped her get started selling Avon products. Lorena gradually attracted customers with the help of her family, selling to people in their neighborhood.

These sales are Lorena's only source of income. For this reason she is requesting this loan to buy perfume, cosmetics, clothing and footwear, which she needs to meet the demand of her customers. She hopes to increase her income and make her dream of selling in all of Managua a reality.

Lorena's goals are big. She plans to continue providing good service to her customers and meeting their needs. She also plans to open a store, and to take advantage of this time that she does not have children to travel freely abroad to buy her own merchandise and improve her profits.
View original language description ↓
A los 16 años, a mayoría de jóvenes se preparan para ir a la universidad, otros piensan en fiestas y otros en independizarse. Este último es el caso de Lorena, una joven de 32 años, soltera y sin hijos, centrada desde hace 16 años como comerciante de ropa, calzado y cosméticos. A esa edad, Lorena terminó su secundaria, continuó con su sueño de ser independiente y ayudar a su mamá, quien ya era mayor de edad. Su mamá al ver su entusiasmo la apoyo para dar sus primeros pasos vendiendo artículos de la Avon. Poco a poco fue obteniendo clientes con el apoyo de su familia, comercializando en su barrio.
Para Lorena, estas ventas son el único ingreso, por esta razón es que necesita de un préstamo para comprar perfumes, cosméticos, ropa y calzados, para cumplir con la demanda de los clientes y así incrementar sus ingresos para cumplir con su sueño de vender en toda Managua. Las metas de esta mujer son grandes, pues planea seguir dándoles una buena atención a sus clientes, suplir con sus necesidades, establecerse en una tienda y aprovechar que no tiene hijos para viajar sin preocupaciones al extranjero para comprar su propia mercadería y tener mayores ganancias.

Previous Loan Details

Lorena is 31 years old, and from the city of Managua. A vendor by trade, she has been selling cosmetics and clothing for 10 years. She started this business when she heard a talk about selling cosmetics by catalog, and little by little began getting her own income. She added the sale of perfume,... More from Lorena Del Carmen's previous loan »

Additional 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
  • 47
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $700 helped Lorena Del Carmen to buy perfume, cosmetics, clothing and footwear to resell.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jun 26, 2014
Jul 8, 2014
Currency Exchange Loss:
Aug 7, 2014