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Maria Esther

Update on Maria Esther

María Esther has been selling crafts for 6 years. She is 45 years old and has one son whom she supports. Maria creates and sells pitchers, flower vases and masks, among other items. Her business is located in a kiosk in an area frequented by a great variety of customers. She also sells out of her home. This loan is to purchase clay, paint, and other items.
View original language description ↓
La señora María Esther se dedica a la venta de artesanía hace 6 años, tiene 45 años tiene un hijo a su cargo, maría ella comerciales y elabora los jarrones, floreros, adornos, mascaras entre otros. Su negocio lo tiene ubicado en un kiosco donde transitan una gran variedad de clientes y también vende en su casa. El financiamiento es para la compra de barro, pinturas y compra de más artículos.

Previous Loan Details

Mrs. Maria Ester has sold crafts for more than 5 years. She is 45 years old and has one minor child in her care. She sells various handicrafts, such as vases and decorations. She sells them from a kiosk where a large variety of customers come through and also from her house. She works every d... More from Maria Esther's previous loan »

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).

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
  • 37
    View loans »
    Nicaragua Loans Fundraising
  • $26,398,725
    Funds lent in using Kiva
  • 23.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Maria Esther to purchase clay, paint and other items.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
May 3, 2012
Jun 5, 2012
Currency Exchange Loss:
Mar 21, 2013
This photo was used before for a previous loan for Maria Esther. It was first posted on Kiva on Mar, 2011. Learn More