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Esperanza Del Socorr
View original language description ↓
Mrs. E. is a 44-year-old married mother of 2 children (12 and 14) who attend middle school. Esperanza’s husband works a security guard and does gardening during his free time. In light of her husband’s low wages, Esperanza decided to start a phone and room rental business, thus helping her husband with the household expenses and working for a better life. With both her savings and this loan, she will build a room so that she can expand her business and obtain a better quality of life.

Translated from Spanish by Elizabeth Casian, Kiva Volunteer.

Doña Esperanza tiene 44 años de edad, casada, con 2 hijos, de 12 y 14 años quienes estudian la Secundaria. El esposo de Esperanza es Guarda de Seguridad y en su tiempo libre se dedica a la jardinería. En vista de los bajos ingresos por parte de su esposo Doña Esperanza decidió iniciar en el negocio del alquiler de teléfono y cuartos de habitación. Para así poder ayudar a su esposo en los gastos familiares y aspirar a una mejor vida. Con los ahorros hasta ahora hechos y con el crédito que necesita construirá un cuarto para poder seguir expandiendo su negocio y obtener una mejor calidad de vida.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Nicaragua

  • $4,800
    Average annual income
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $25,049,000
    Funds lent in using Kiva
  • 18.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Esperanza Del Socorr purchase of materials, such as sheet metal and wood, for construction of room.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Jan 28, 2008
Jan 14, 2008
Currency Exchange Loss:
Sep 13, 2008