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Esmilda Espinoza
Esmilda lives in a modest home with her partner, who helps her with her business. She sells gastronomic products. It is the only source of income for them both. All of her children are of age and are financially independent. The youngest lives in the same house along with his partner and his four-year-old daughter and he helps out with the household expenses. Esmilda has managed to build her home with her own efforts. She is requesting the loan so she can change the roof of her kitchen and improve some of the details in the kitchen since winter is approaching and she needs to repair the roof as soon as possible so they can have better living conditions.
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La señora Esmilda, habita en una humilde casa con su pareja quien le ayuda con el negocio que ella desempeña la venta de productos gastronómicos, único medio de ingresos para ambos, todos sus hijos son mayores de edad e independientes, el menor de ellos habita en la misma casa con su compañera de vida y una niña de 4 años, este le ayuda con los gastos del hogar. Doña Esmilda es una persona que ha logrado construir su vivienda con esfuerzos propio. Solicita el crédito para cambiar el techo de su cocina y mejorar algunos detalles de esta misma, ya que se acerca el invierno y necesita repararla cuanto antes, para vivir en mejores condiciones.

Additional Information

About AFODENIC

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

  • $3,636
    Average annual income
  • 66
    View loans »
    Nicaragua Loans Fundraising
  • $23,659,150
    Funds lent in using Kiva
  • 24.2
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $300 helped Esmilda Espinoza to buy corrugated galvanised iron, beams, and other things.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2013
Listed
Jun 13, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014