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Esperanza Del Carmen

Update on Esperanza Del Carmen

Zapatera island is a marvelous sanctuary that reflects the diverse ways of life and the tribes that originally lived there. Currently, its doors are open to us all due to an excellent hotel that is available to visitors. Esperanza works in a similar way. She is a 66-year-old woman and a mother of 3 grown children. Her age doesn't keep her down and she is continuing with her goal of improving her quality-of-life.

She started her small business 16 years ago selling basic groceries (including rice, sugar, beans, and corn), cosmetics, and clothes. She was able to grow her business thanks to a Kiva loan.

She is asking for a new loan so she can buy more basic groceries, clothes, and cosmetics to sell. She believes that this loan will help her greatly to continue to support her business and help it to grow even more.
View original language description ↓
Un maravilloso santuario precolombino como lo es la Isla Zapatera nos relata diversas formas de vidas de las tribus que habitaron el lugar, en la actualidad nos abre las puertas con un hotel de excelente condiciones para los visitantes como de igual forma lo hace Doña Esperanza una señora de 66 años edad, madre de 3 hijos ya independientes, donde los años no la afectan y sigue con los deseo de superación y seguir mejorando sus condiciones de vida; hace 16 años inicio un pequeño negocio de ventas de granos de básicos (arroz, azúcar, frijoles, maíz), cosméticos y ropa, gracias a un crédito que adquirió en KIVA logro incrementar su negocio.

Solicita un nuevo crédito para la compra de más granos básicos (arroz, azúcar, frijoles, maíz), ropa y cosméticos; estimando que el nuevo crédito a solicitud le será de mucha ayuda para seguir manteniendo su negocio y de igual forma hacerlo que crezca más.

Previous Loan Details

Esperanza is 64 years old and is originally from Granada, Nicaragua. She is very grateful to Kiva and MiCrédito for her first loan, since she was able to invest the funds in her grocery store and buy products at wholesale such as rice, sugar and oil. This enabled her to increase her inventory a... More from Esperanza 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
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $25,075,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Esperanza Del Carmen buy more basic groceries (rice, sugar, beans, corn), clothes, and cosmetics.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Mar 7, 2014
Apr 10, 2014
Currency Exchange Loss:
Jan 17, 2015