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Marta Mayra
Marta is a hard-working woman who lives with her mom. Her business is making bread, doughnuts, baked goods, baked empanadas and other products. With her previous loan, she increased her sales. Her plan is to improve her standard of living.

Marta is requesting another loan to buy raw materials and products she needs such as firewood, corn, white sugar, gallons of milk, cinnamon, cheese, butter, cream, dulce de leche, etc. With this investment, she will achieve more sales. She is grateful to the financial institution for their support in developing her business.
View original language description ↓
Marta mujer trabajadora, vive con su mami, es comerciante su negocio consiste en la elaboración de pan de horno (rosquillas, cosas de hornos, empanadas de hornos, entre otros productos). Con el préstamo anterior incremento sus ventas. Mejorar su nivel de vida son sus planes.
Esta solicitando este otro préstamo para la compra de materia prima, productos necesarios como: marca de leña, maíz, azúcar sulfitada, galones de leche, canela, queso, manteca, crema, tajos de dulce. Con esta inversión lograra mayores ventas. Agradece el apoyo de la financiera para el desarrollo de su negocio.

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
  • 145
    View loans »
    Nicaragua Loans Fundraising
  • $24,094,725
    Funds lent in using Kiva
  • 22.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Marta Mayra to buy raw materials for making bread.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2011
Listed
Nov 15, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012