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Martha Lourdes
Mrs. Martha Lourdes P. L. is 48 years old and lives in Barrio San Pedro. She is a single mother of one grown son, who is married and is the manager of his own business. She has been in the agriculture business for more than 20 years. She has been facing various problems in her business including drought and plagues that have reduced her production affecting her financially. She inherited the land from her father. Her husband abandoned her many years ago and she doesn't have anyone who can help her. For now she is requesting a loan to buy fertilizers, fungicides and agricultural supplies that suit the lands. In a short time the recovery from the investment and the possibility to invest in new areas of work and income will improve her quality of life and therefore of her only son and his kids.
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La señora Martha Lourdes P. L., tiene la edad de 48 años habitante del Barrio San Pedro, es madre soltera de un 1 hijo mayor de edad, casado y administrador de su propio negocio, ella es agricultora desde hace mas de 20 años, se ha enfrentado en su negocio a diversos problemas de sequia y plagas, que disminuyen la producción afectándole a su economía domestica, fue su padre quien le heredo unas tierras, su esposo la abandono hace muchos años atrás y no cuenta con nadie que le brinde una apoyo, por ahora solicita un préstamo para la compra de fertilizantes, fungicidas, e insumos vegetativos que favorezcan los terrenos y a corto plazo la recuperación de la inversión y la posibilidad de invertir en nuevas fuentes de trabajo e ingreso que mejoren la calidad de vida de ella y por ende la de su único hijo y su descendencia.

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
  • 110
    View loans »
    Nicaragua Loans Fundraising
  • $24,397,050
    Funds lent in using Kiva
  • 21.7
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Martha Lourdes to maintain plant health.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 21, 2010
Listed
Nov 1, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2012