Lovette Angelita Martínez D. is a 57 year old small businesswoman. She has three grown children. She is a teacher. For over 15 years she has had a dining room and a hostel, which is located in the central neighborhood in the city of Bluefields.
In her business she has several rooms, which are primarily used by the inhabitants of other communities who come to this city for business or for personal reasons. They stay in this hostel because of its location, which is by the municipal dock. That makes it easy to get on a boat to be able to return to the community they are from.
She offers three meals a day, taking advantage of the fact that the lodgers do not have family in this city and require this service. Nevertheless, the rooms in her hostel need security. They are made of wood, and in the last few months she has been repairing them little by little. Her earnings do not allow her to make a large investment.
That is the reason that she is asking for a loan to buy part of the material she needs to remodel the rooms and guarantee better service for her customers.
She needs to buy: 10 bags of cement at $10 US per bag, 60 units of blocks at $1 US for each one, 2 meters of sand at $24 US per meter, 3 “quintales” (100 pounds) of metal bars at $80 US per quintal, 2 meters of black gravel at $75 US per meter, and 2 pounds of wire at $1 US per pound.
La microempresaria: Lovette Angelita Martínez D. tiene 57 años de edad, es madre de 3 hijos, todos son mayores de edad, es profesora y tiene desde hace mas de 15 años un comedor y hospedaje ubicado en el barrio central de esta ciudad de Bluefields.
En su negocio tiene varios cuartos los cuales son utilizados principalmente por pobladores originarios de las comunidades quienes llegan a esta ciudad por razones de comercio o por asuntos personales y se ubican en este hospedaje por su ubicación contiguo al muelle municipal lo que le facilita al momento de abordar una embarcación y poder regresar a su comunidad de origen.
Ala vez les ofrece el servicio de comida los tres tiempos aprovechando que estos no tienen familiares en esta ciudad y requieren de este servicio, sin embargo los cuartos del hospedaje necesitan seguridad ya que son de madera y en los últimos meses ha estado reparándolos poco a poco ya que las ganancias no le permiten hacer una gran inversión, por tal razón esta solicitando financiamiento para comprar parte del material que requiere para remodelar sus cuartos y garantizar mejor atención a sus clientes.
Necesita comprar: 10 Bolsas de Cemento a US 10 dólares cada bolsa, 60 unidades de bloques a US 1 dólar cada uno, 2 metros de arena a US 24 dólares cada metro, 3 quintales de varillas hierro a US 80 dólares cada quintal, 2 metros de piedrín negro a US 75 dólares cada metro y 2 libras de alambre de amarre a US 1 dolara cada libra.
Please note that Kiva considers loans from this Field Partner, ADEPHCA, to be particularly high risk. This organization is very small and started working with Kiva before certain core risk and due diligence policies were put into place. ADEPHCA organization would not fit under Kiva’s current partnerships criteria because they do not have any audited financial statements, they do not have established internal controls, and they currently have no other sources of funding than Kiva. Kiva continues to allow ADEPHCA to raise funds on the website for two reasons. First, if Kiva were to abruptly end the partnership we believe there would be a higher risk of loss for lenders, since cutting off the Kiva funding source would put ADEPHCA in a financially distressed position. In addition, since ADEPHCA provides loans in some of the poorest and most remote areas of Nicaragua where there are almost no other options for funding, we believe these loans could still be of interest to lenders even considering the increased risk.