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Esmelda Maria
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Esmelda, 44, lives in the Villa Reconciliacion neighborhood of Managua. She is married and has two children, 8 and 13, both in school. Her husband works for a taxi cooperative. Esmelda gets up very early each morning to dive into selling her products--fish and various kinds of delicious shellfish. They're expensive products but products that sell well because they are an important part of a healthy diet. She's been operating the business for four years. Sales are slow sometimes but very good at other times, Semana Santa (the week before Easter), for example, which was the time she began her business with money she had saved. She didn't have a place to sell her products before, but with good advice and hard work, she managed to establish herself. The requested loan is to buy a range of seafood so that Esmelda can continue to grow her small business and develop her business skills. In the future, she hopes to improve her little shop so that she can provide better service to her customers.

Translated from Spanish by Jere Wiseman, Kiva Volunteer


Doña Esmelda tiene 44 años de edad, habita en Villa Reconciliación, es casada y con dos hijos de 8 y 13 años de edad que están estudiando, su esposo es cadete de una unidad de taxi. Doña Esmelda se levanta muy temprano por las mañanas para hincar las ventas de pecados, chacalines y mucho mas variedad en ricos mariscos, son productos caros pero se venden por su alimentación que es comida saludables. En las ventas lleva ya cuatro años, en ocasiones las ventas son bajas, aunque hay otras en que la temporada es muy buena como la Semana Santa, cuando comenzó lo hizo con dinero ahorrado y una señora le daba donde vender sus mariscos, por que no tenia un lugar especifico. Pero con mucho esfuerzo logró poner su tramo. El dinero solicitado es para la compra de variedad de mariscos y así seguir creciendo en su pequeño negocio, y desarrollarse como una microempresaria futuro es mejorar la infraestructura de su tramo, para seguir brindando dando buen servicio a sus clientes

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 Nicaragua

  • $3,636
    Average annual income
  • 104
    View loans »
    Nicaragua Loans Fundraising
  • $24,397,050
    Funds lent in using Kiva
  • 20.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Esmelda Maria buy seafood for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 19, 2008
Listed
Sep 5, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009