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Martha Lorena
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From the age of 12, in a small stand at the Israel Lewites Market in Managua, Martha P. has been selling all kinds of plastic products such as chairs, plates, glasses, clothing storage, lamps, etc.



Martha is a single mother who is highly motivated to provide a better life for her son. Today, thanks to the support of Ceprodel, she has obtained 8 loans which she has used to purchase new plastic products to sell. She makes a great effort to increase her income to provide an education for her son, as she is the only income provider in her home.




Desde hace 12 años, en un humilde tramo del Mercado Israel Lewites en Managua, la señora Martha P. se dedica a la venta de todo tipo de producto de plástico tales como sillas, bancas, platos, vasos, contenedores de ropa, lámparas, etc.



Martha es madre soltera, sin embargo posee un gran espíritu de superación para seguir manteniendo a su hijo que se encuentran en la etapa escolar. Hoy en día gracias al apoyo brindado por Ceprodel, ha logrado obtener 8 créditos que los ha utilizado para la compra de nuevos productos plásticos y por tal motivo con mucho esfuerzo busca la manera de aumentar sus utilidades para brindarle la educación a su pequeño ya que ella es el único ingreso económico en su hogar.

Additional Information

About CEPRODEL

This loan is administered by Centro de Promocion del Desarrollo Local (CEPRODEL), one of Kiva’s larger partners in Central America. Founded in 1991 and based in Managua, Nicaragua, CEPRODEL specializes in the development and funding of housing cooperatives for traditionally marginalized communities, the provision of microfinance services to small businesses, and the promotion of innovative renewable energy projects. In addition, unlike many microfinance institutions in the area that have chosen to avoid the rural areas of the country due to the increased financial risk, CEPRODEL provides financial services to numerous clients in the agriculture and livestock industry. Supporting a borrower through CEPRODEL means contributing to the promotion and sustainability of this important work in Nicaragua.

About Nicaragua

  • $3,636
    Average annual income
  • 145
    View loans »
    Nicaragua Loans Fundraising
  • $24,089,275
    Funds lent in using Kiva
  • 18.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Martha Lorena tO PURCHASE MORE PLASTIC PRODUCTS TO SELL, AND INCREASE HER INCOME IN ORDER TO PAY FOR HER SON'S EDUCATION.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 28, 2008
Listed
Jan 14, 2008
Currency Exchange Loss:
Covered
Ended:
May 29, 2008