Alicia Martinez Borge


Status: Paying Back

$750.00   Loan Amount
8% repaid

About the Entrepreneur

Name: Alicia Martinez Borge
Location: Chontales, Nicaragua
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $750.00
Loan Use: Construction of a porch
Repayment Term: 25 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 15, 2009
Date Disbursed: Aug 14, 2009
Date Funded:Aug 30, 2009

About the Country

Country:Nicaragua
Avg Annual Income:$3,636.00
Currency:Nicaragua Cordobas (NIO)
Exchange Rate:20.4487 NIO = 1 USD



Doña Alicia is 43 years old, married, and has 2 children. Her oldest child helps with the household expenses, while the other child is a 12 year old student. She has the support of her husband. Doña Alicia has worked as a nurse at Asuncion Hospital for 17 years.


She is requesting her 8th loan in order to improve her house by adding a porch. It should be mentioned that her previous home improvement loan was used to install a ceramic tile floor, but this is the first time her loan has benefited from Kiva funding.


Doña Alicia’s greatest dream is to continue improving her house because it is the only family asset that she has to pass on to her children when she is gone.

Translated from Spanish by Ronan Reodica, Kiva Volunteer


Doña Alicia de 43 años de edad es casada, tiene 2 hijos, uno mayor que le ayuda con los gastos del hogar y uno de 12 años en edad escolar, ademas cuenta con el apoyo de su esposo, trabaja como enfermera en el Hospital Asuncion desde hace 17 años; esta solicitando su 8vo credito para mejorar su vivienda construyendo un porche, cabe mencionar que con los creditos anteriores ha logrado mejorar su casa poniendole la ceramica, aunque hasta en este credito sera beneficiada con el fondo Kiva. El mayor sueño de doña Alicia es seguir mejorando su casita pues es el patrimonio que dejara a sus hijos cuando ella falte.


About Housing Loans
Many poor families are financially unable to purchase a house that meets their needs. Housing loans funded on Kiva give families access to capital to improve their homes and an opportunity to pay loans back at a pace that they can handle. The housing and small business loans featured on Kiva share a common purpose: they alleviate conditions of poverty and enable families to lead more stable lives. Learn more

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Journal entries for Alicia Martinez Borge


Loan has been disbursed
 
Entrepreneur: Alicia Martinez Borge
Location: Chontales, Nicaragua

Thank you for your loan. It has been disbursed to Alicia Martinez Borge by AFODENIC in Nicaragua. We are excited to watch this business grow. Over the 22 months of this loan, AFODENIC will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Chontales, Nicaragua
Aug 31, 2009
Comment on this entry

Kiva Help Repayment Schedule for Alicia Martinez Borge

  Expected Repayments Actual Repayments Comments
November 2009 $32.61 $33.79 Repayment Received
December 2009 $32.61 $33.15 Repayment Received
January 2010 $32.61 Available Jan 1  
February 2010 $32.60 Available Feb 1  
March 2010 $32.61 Available Mar 1  
April 2010 $32.61 Available Apr 1  
May 2010 $32.61 Available May 1  
June 2010 $32.61 Available Jun 1  
July 2010 $32.61 Available Jul 1  
August 2010 $32.61 Available Aug 1  
September 2010 $32.60 Available Sep 1  
October 2010 $32.61 Available Oct 1  
November 2010 $32.61 Available Nov 1  
December 2010 $32.61 Available Dec 1  
January 2011 $32.61 Available Jan 1  
February 2011 $32.61 Available Feb 1  
March 2011 $32.60 Available Mar 1  
April 2011 $32.61 Available Apr 1  
May 2011 $32.61 Available May 1  
June 2011 $32.61 Available Jun 1  
July 2011 $32.61 Available Jul 1  
August 2011 $32.61 Available Aug 1  
September 2011 $32.61 Available Sep 1