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Karen Esther
Karen Esther is 28 years old, and is a widowed mother with two children. She is originally from the department of Chichigalpa, located in the west of the country.

Karen makes a living selling general merchandise such as as trousers, skirts, shorts, tops, underwear, make-up and wall hangings. She has worked as a mobile seller of these items for the past 6 years. Karen's daily routine involves working ten hours every day with a 25kg load, taking her merchandise to her regular customer as well as potential ones.

She does this day by day in the intense heat, but she is grateful for this livelihood, which allows her to provide her young children with better financial circumstances. This is even more important at the moment, as they face the death of her husband and their father together.

Karen has already worked with the Fundación and has demonstrated her responsibility by paying correctly and on time. She needs the money to invest in working capital, stock her business with merchandise, make the most of the Christmas season, and offer a better service to her customers, increasing her income.

Karen is grateful for the help given by Kiva investors to people with limited means living in poor countries such as Nicaragua, so that they can work with dignity.
View original language description ↓
Karen Esther de 28 años de edad, madre viuda con dos hijos. Originaria del departamento de Chichigalpa, lugar que está ubicado en la zona de occidente del país. Karen tiene por actividad económica la venta de mercadería en general como: pantalones, faldas, short, camisetas, ropa interior, cosméticos, adornos de pared. Actividad que la desempeña de forma ambulante desde hace 6 anos. La rutina diaria de Karen es trabajar todos los días 10 horas diarias con un bulto de unos 25 kg, donde lleva su mercadería a ofrecer a sus clientes fijos y eventuales. Bajo el intenso sol del día a día, pero agradece tener este medio de vida para brindarle a sus hijos menores condiciones económica, y más en este momento que enfrentan como familia el fallecimiento de su esposo y padre respectivamente. Karen ya ha trabajado con fundación y ha demostrado su responsabilidad de pago en tiempo y forma. El financiamiento lo necesita para invertir en capital de trabajo y surtir su mercadería y aprovechar la temporada navideña y ofrecer mejor servicio a sus clientes e incrementar sus ingresos. Karen agradece la ayuda que los inversionistas kiva le brindan personas de escasos recursos y países pobre como es Nicaragua para tener un medio de vida digno.

Additional Information

Fundación Leon 2000

This loan is administered by Fundación Leon 2000. Fundación Leon 2000 began operations in 1993 as the first microfinance institution to serve the western part of Nicaragua, a country which continues to be one of the poorest in the western hemisphere. Fundación Leon 2000 works to further the development of micro, small, and medium enterprises through credit services and management, applying the best credit industry practices and technical expertise. Additionally, Fundación Leon manages several business and financial education programs in the community, specifically for young entrepreneurs and at-risk youth. Fundación Leon 2000’s group of experienced and dedicated employees works in 7 offices in Leon, Chinandega, Chichigalpa, Somotillo, Jinotepe, El Sauce, and Nagarote and serves several thousand clients (the majority of whom are women).

About Nicaragua

  • $4,800
    Average annual income
  • 63
    View loans »
    Nicaragua Loans Fundraising
  • $25,382,700
    Funds lent in using Kiva
  • 24.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Karen Esther to invest in working capital and stock her business with merchandise such as trousers, skirts, shorts, tops, underwear, make-up and wall hangings.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 13, 2012
Dec 13, 2012
Currency Exchange Loss:
Nov 17, 2013