Maria Isabel Bertran Lainez

Maria Isabel Bertrán Laínez is 46 years old and a responsible and virtuous woman. She has one dependent child. For more than 17 years, Maria has been in the business of selling pork. She began her business when her husband helped her obtain pigs for butchering. She has become very skilled at her business and has generated good earnings.

Maria feels it was very important for her to start her business so that she could be her own boss. She has many aspirations. One of them is to obtain her own vending stall in the market so that she can gain more customers.

The loan Maria is requesting will be used as operating capital to purchase pigs and knives. Part of the proceeds will be used to pay the transportation costs for moving the pigs.

Translated from Spanish by Ronan Reodica, Kiva Volunteer

Maria Isabel Bertrán Laínez tiene 46 años, es una mujer muy responsable y virtuosa. Ella tiene 1 hijo menor de edad. Ella se dedica al destace de cerdo. Hace más de 17 años que inicio este negocio, y por medio de su esposo quien le ayudo a obtener un cerdo, por lo que Maria ya sabía muy bien el destace así fue como dio inicio a este negocio y experimento muy buenas ganancias por lo que fue muy importante para empezar este negocio y ella misma ser su propia jefa. Maria tiene muchos sueños, pero el que más le gustaría cumplir es de conseguir su propio tramo en el mercado para obtener muchos más clientes. El financiamiento que solicita es para capital de trabajo para la compra de cerdos, cuchillos y además pagar el transporte del traslado del cerdo.


Important Information About This Loan
In mid 2008, a movement began in Nicaragua called “Movimiento No Pago” (a movement for non-payment of loans). This movement, supported mostly by farmers of the north of Nicaragua with ties to the left-wing party in Nicaragua, has been organizing protests and making it difficult for some branches of microfinance institutions to operate normally. This movement has been fed by the global the economic crisis, which has made it more difficult for Nicaraguans to pay back their loans. This group has submitted a law to the government to create a moratorium on debt repayment. If passed, the law could have a severe effect on the microfinance industry and banking sector in Nicaragua. Recent information indicates that the situation may be improving as the President of Nicaragua has spoken out against this law and would not support its passage in its current form. The network of microfinance institutions in Nicaragua (ASOMIF) has been negotiating with the government in support of an alternative proposal. Kiva, along with 25 other funders from 9 countries, has signed onto a letter to the Nicaraguan government urging a resolution to this situation without enacting a moratorium on debt repayment. The potential passage of the debt moratorium increases the risk of lending in Nicaragua. For more information, please see the following articles: http://impreso.elnuevodiario.com.ni/2009/09/24/nacionales/110236; http://www.laprensa.com.ni/archivo/2009/octubre/16/noticias/economia/355010.shtml

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