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Martha Marlene
Martha Marlene, 31, sells lumber. She has been in this humble line of work for over 5 years; she is a responsible and tenacious young woman.

She started her business thanks to her husband, who is a sawyer. With the experience he had gained, he decided to set up a lumber sales business in their home so that his wife could have a source of income while still being able to care for their two, small children.

Martha has many dreams for the future; the main one being enlarging her house so that she can expand her business.

She is asking for this funding to buy lumber so that she can offer more variety of product to her customers.
View original language description ↓
Martha Marlene tiene 31 años de edad, su actividad económica es la venta de madera. Hace más de 5 años que se dedica a este humilde negocio, es una joven muy responsable y luchadora. Ella inicio este negocio por su esposo que es aserrador y con la experiencia que le ha obtenido decidió implementar la venta de madera en su vivienda, para que su esposa obtuviera un medio de ingresos ya que sus 2 hijos están my pequeños y están a su cargo. Martha tiene muchos sueños pero le gustaría hacer realidad ampliar su vivienda para agrandar su negocio. ella solicita este financiamiento para la compra de materia prima y ofrecer más productos a sus clientes.

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

  • $4,800
    Average annual income
  • 125
    View loans »
    Nicaragua Loans Fundraising
  • $24,546,650
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Martha Marlene to buy lumber.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 3, 2010
Listed
Feb 16, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011