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Martha
Sra. Martha R. R. is 48 years old, married, and lives in the neighborhood of Pilas Orientales. Her husband is a farmer and trader. They have seven children, three of whom live independently. The next two children work by performing household duties. The youngest two children pay attention to their older siblings. The entire family has been involved in agriculture for twelve years. The main problem they have encountered is the lack of support from government agencies. It is difficult to find a great deal of assistance with their crops. Thanks to the support of her husband, Martha was able to move forward with her harvest.


She is now in need of additional capital in order to maintain her pineapple crop. With this assistance, she will be able to harvest a quality product that commands a high selling price. This will guarantee that her family can recoup the money they have invested and use it for new projects.

View original language description ↓
La señora Martha R. R., de 48 años de edad vive en el Barrio Pilas Orientales, es casada y su esposo se dedica a la agricultura y al comercio, ellos tiene 7 hijos de los cuales los tres mayores viven de manera independiente, los otros dos trabajan en los quehaceres del hogar y tiene bajo la tutela a los otros dos, toda la familia trabaja en la agricultura desde hace 12 años, el principal problema que acoge a los trabajadores de este sector es el poco apoyo de las Entidades Gubernamentales para el sector agrícola dificultando en gran manera la buena asistencia a los cultivos, fue gracias al apoyo de su esposo que la señora logro sacar adelante la cosecha, pero ahora necesita de un capital más fuerte, para poder brindarle un buen mantenimiento al cultivo de piña, con este apoyo, la cosecha sería de calidad pudiendo venderla a un alto precio, garantizándole a la familia la recuperación del dinero invertido y las utilidades para nuevos proyectos.

Additional Information

About AFODENIC

This loan is administered by AFODENIC, La Asociación para el Fomento al Desarrollo Nicaragua, a Kiva Field Partner based in Managua, Nicaragua. Founded in 1999, AFODENIC was created to promote the socio-economic and cultural development of sectors that are excluded from commercial banking. Integrating economic and human resources, AFODENIC offers affordable and adaptable financial services aimed at strengthening the family unit of their clients, who include students, producers, and micro- and small entrepreneurs from rural and urban areas. AFODENIC is a socially responsible institution engaged in society and making a positive impact on its professional partners and communities.

Supporting a borrower through AFODENIC contributes to the pursuit of innovation in mitigating poverty in Nicaragua. Visit AFODENIC’s partner page for more information.

About Nicaragua

  • $3,636
    Average annual income
  • 74
    View loans »
    Nicaragua Loans Fundraising
  • $23,414,475
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Martha purchase materials & supplies needed to maintain her pineapple crop.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 14, 2010
Listed
Jan 20, 2010
Currency Exchange Loss:
Covered
Ended:
Oct 16, 2010