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Esmilda Espinoza

Update on Esmilda Espinoza

Esmilda, age 44, lives in La Libertad, 30 kilometres from la Cabecera, Chontales department. She offers a variety of dishes to established customers. She counts on her partner's economic and moral support; he has been a miner for a few months. Their children are grown; the youngest studies at a public institution and helps her with the business in the afternoons.
She currently has demand for her services, but does not have sufficient resources to fill it. For this, she needs a loan for the purchase of sugar, beans, beef, and ham. She will improve her business and standard of living through this loan.
Esmilda is very grateful to Kiva for providing this support. With her previous loan, she was able to change part of her kitchen's roof. She plans to continue with improvements in the future.
View original language description ↓
Doña Esmilda de 44 años de edad, habita en la libertad a unos 30 kilómetros de distancia de la Cabecera departamental de Chontales, donde ofrece su variedad de platillos a clientes establecidos, cuenta con la ayuda económica y moral de su compañero de vida quien es pequeño minero desde hace pocos meses, sus hijos son mayores de edad el menor estudia en una escuela pública y por la tarde le ayuda con las actividades del negocio. Actualmente tiene demanda de los servicios Gastronómicos que ofrece pero no cuenta con el recurso suficiente para abastecer su clientela por lo que necesita financiamiento para la compra de azúcar, frijoles, Carnes de Res y Cerdo, y de esta manera incrementar su negocio y mejorar su nivel vida. esta muy agradecida con Kiva por brindarle apoyo pues con el crédito anterior logro cambiar una parte del zing de su cocina el cual pretende continuar con la mejora en un futuro.

Previous Loan Details

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... More from Esmilda Espinoza's previous loan »

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.

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
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $25,413,450
    Funds lent in using Kiva
  • 27.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Esmilda Espinoza to buy basic items for catering.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 15, 2014
May 15, 2014
Currency Exchange Loss:
Apr 17, 2015