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Tomasa Esperanza

Update on Tomasa Esperanza

Tomasa works for a private company as a custodian. She's aiming for her eleventh loan for infrastructure. This time it's to improve the pantry in her house, the cabinets, among other things, because they're very worn out.

She wants her kitchen to be very pretty because it's in an area that ought to be very clean. Tomasa has the support of her two adult children who live with her and help her financially, so she has the support to pay back her loans.
View original language description ↓
Doña Tomasa trabaja para una empresa privada en el área de conserjería, ella está optando a su 11vo crédito para infraestructura esta vez para mejorar el pantry de su casa, gabeteros, entre otros los cuales están muy deteriorados, ella desea ver bien bonita su cocina ya que es una zona que debe de estar en condiciones muy limpia, doña Tomasa cuenta con el apoyo de dos hijos quienes son mayores de edad que viven con ella y le ayudan económicamente así ella se apoya para pagar sus créditos.

Previous Loan Details

Tomasa is an enterprising woman, older, with a beautiful family. She currently works as a custodian. Her goal has been to build her home, and she has been improving it through the loans that the institution has given her through ten cycles. Now, with this new loan, she will purchase zinc laminate... More from Tomasa Esperanza'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
  • 53
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 24.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Tomasa Esperanza to buy pantry cabinets and to pay for labor.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jan 31, 2013
Feb 2, 2013
Currency Exchange Loss:
Nov 17, 2013