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Martha Ryder
Martha Ryder Ramírez R. is 35, married, and has two dependent children.

Martha started her business over three years ago. In the beginning, it was very difficult. Martha previously worked as a seamstress. But, she could not maintain this business. Also, she did not earn enough to support her children. She decided to start a new economic activity to get more income.

The loan is for working capital to buy juice, soft drinks, natural drinks, bread, and general sweets.

Her biggest wish is for her children to complete their education.
View original language description ↓
Martha Ryder Ramírez R. tiene la edad de 35 años. Es una mujer casada. Tiene 2 hijos que todavía dependen de ella. Martha dio inicio a su negocio hace más de 3 años. Por lo que sus inicios fueron muy difíciles, anteriormente Martha se dedicaba a brindar el servicio de costura, pero no pudo seguir manteniendo este negocio, además con lo que ganaba no era suficiente para mantener a sus hijos, es así que decide incursionar en esta actividad económica con el fin de obtener más ingresos. El motivo del financiamiento es para capital de trabajo para la compra de jugos, gaseosas, refrescos naturales, pan y golosinas en general. Su mayor sueño es que sus hijos logren finalizar sus estudios.

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).

About Nicaragua

  • $3,636
    Average annual income
  • 162
    View loans »
    Nicaragua Loans Fundraising
  • $23,188,275
    Funds lent in using Kiva
  • 20.4
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Martha Ryder working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2009
Listed
Aug 3, 2009
Currency Exchange Loss:
Possible
Ended:
Jun 16, 2010