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Maria Esmeralda

Update on Maria Esmeralda

Maria Esmeralda is single and has been making a living in clothing sales for approximately 22 years. Her children are already independent and she receives financial support from them.

She is requesting her eighth loan for infrastructure. This time she will buy materials to refurbish a room by laying tiles and painting the walls, to rent it out. With the loan she will buy the aforementioned, as well as a door.

This way she will earn more income to add to her savings, since everything is more expensive nowadays.
View original language description ↓
Doña María Esmeralda es soltera, se dedica a la actividad comercial de venta de ropa nueva aproximadamente 22 años, sus hijos ya son independientes de los que ahora recibe apoyo económico, está solicitando su octavo crédito para infraestructura, esta vez va a comprar materiales para acondicionar un cuarto poniéndole cerámica y pintando las paredes para ponerlo en alquiler, con el préstamo comprara lo mencionado y una puerta, de esa manera adquirir otros ingresos para su economía, ya que hoy en día todo está más caro.

Previous Loan Details

Maria is a vendor and sells clothing and cosmetics. She began selling piñatas and domestic appliances twenty years ago with capital her children gave her. Over the years she has been able to maintain and invest her capital, and Afodenic has given her loans on seven occasions which have also c... More from Maria Esmeralda'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 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

  • $4,800
    Average annual income
  • 60
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Maria Esmeralda to buy tiles, tile adhesive, paint and a door.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 29, 2012
Nov 1, 2012
Currency Exchange Loss:
Oct 17, 2013