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Maria Susana

Update on Maria Susana

María Susana, 55, is the single mother of three children, ages 25, 21, and 18. Only the 18-year-old is still a student and dependent on her. She was born in Sauce, located in northern Nicaragua. In her free time, she likes to have fun with her family and cook a regional chicken stew. Sadly, she lacked the resources to go to college; therefore, she strives each day to offer her son a brighter future and professional training.

She wants to succeed and has been selling cosmetics and wood both as a street vendor and from her home. Previously, she made and sold tortillas. Her doctor advised her to give up this activity because she suffers rheumatism, and making tortillas required that she heat and wet her hands. She now works eight hours each day.

She will use the loan as working capital to stock her business. María Susana thanks Kiva lenders for offering low-income people in countries like Nicaragua a chance for decent work.
View original language description ↓
María Susana de 55 años de edad, madre soltera con tres hijos de 25, 21,18 años, de los cuales solamente el de 18 estudia, y está bajo su responsabilidad. Es originaria del Sauce, lugar que está ubicado en la zona norte del país. En sus ratos libres le gusta disfrutar con su familia, y cocinar un plato típico de la región como es “indio viejo” lamentablemente por falta de recursos económico no pudo cursar una carrera universitaria, por tanto lucha día a día para brindarle un futuro mejor a su hijo y fórmalo profesionalmente.

Gracia a su espíritu de superación y sus ganas de salir adelante tiene por actividad económica la venta de cosméticos y leña de forma ambulante y en su casa de habitación. Anteriormente se desempeña en la venta en la elaboración y venta de tortillas, por recomendación del médico tuvo que dejar de hacer las tortillas porque padece una enfermedad llamada reumatismo, a consecuencia de las elaboraciones de las tortillas porque significaba calentarse las manos y después mojarse por los quehaceres diarios. Ella dedica a su negocio unas 8 horas diarias. El objetivo del crédito es invertir en capital de trabajo y surtir su negocio en la compra y venta de productos. María Susana agradece la ayuda que los inversionistas kiva le brindan a personas de escasos recursos y países pobre como es Nicaragua para tener un medio de trabajo digno.

Previous Loan Details

Maria Susana sells tortillas. She has already had credit from Fundación León 2000, so this isn't the first time she has worked with a loan, and she has been a very responsible client. Maria Susana is undertaking this business, which, although very modest, is an example for her children of how ... More from Maria Susana'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
  • 53
    View loans »
    Nicaragua Loans Fundraising
  • $26,258,500
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Maria Susana to buy cosmetics like blush, lipstick, eyeliner, shadow, body cream, and perfume to stock her business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Apr 10, 2013
May 2, 2013
Currency Exchange Loss:
Jan 19, 2014