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Martha
Martha is a hard-working and enterprising 34-year-old woman who started her own shoemaker's shop seven years ago along with her husband. Little by little the business has grown, and it now has six employees. Martha has four children, ages 17, 13, 12 and 8, who are in school and help out with the business in their free time. Martha plans to use the loan to purchase raw materials such as soles, insoles, leather, thread, glue, etc. Her dream is to expand her shop so it has more workers and increased production.
View original language description ↓
La señora Martha Lorena es una mujer trabajadora y emprendedora de 34 años quien desde hace 7 años inicio junto a su esposo su propio taller de calzado y poco a poco fue creciendo actualmente tiene 6 trabajadores. Ella tiene cuatro hijos de 17, 13, 12 y 8 años quienes estudian y también colaboran en el negocio en su tiempo libre.
Martha invertirá el crédito en materia prima como suelas, plantillas, cuerina, hilo, pega… etc. Ella sueña en que su taller crezca tener más trabajadores y mayor producción.

Additional Information

About ADIM

Located in Central America, ADIM is a small microfinance institution with a strong social focus. In the saturated microfinance market of Nicaragua, ADIM stands out for its emphasis on the holistic development of women as well as its provision of responsible financial services. Founded in 1989 by a small group of Nicaraguan women, this institution has remained true to its initial goal of providing its clients (90% of which are women) with an opportunity for economic growth, in addition to personal and professional empowerment. Supporting an ADIM borrower means contributing not only to the continued offering of the socially conscious services it provides, but also to the sustainable growth of a truly unique microfinance institution.

About Nicaragua

  • $3,636
    Average annual income
  • 162
    View loans »
    Nicaragua Loans Fundraising
  • $23,195,750
    Funds lent in using Kiva
  • 22.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Martha to purchase raw materials such as soles, insoles, leather, thread, glue, etc.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2011
Listed
May 27, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012