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Martha Guadalupe

Update on Martha Guadalupe

Martha is an energetic woman whose greatest desire is for her family to get ahead.

This is not the first time she has asked for a loan to invest in her business. Martha’s biggest dream is to have her own business in which she has succeeded.

Martha sells general merchandise. Her experience permits her to capture steady customers and eventually they buy.

Martha is asking for a loan in order to stock her inventory by buying a variety of clothing and requested items that her customers are looking for.
View original language description ↓
Martha es una mujer emprendedora que su mayor deseo es salir adelante con su familia, ella no es la primera vez que solicita crédito para invertir en el negocio, su mayor sueño de Martha era tener su propio negocio en el cual lo ha logrado. Martha su actividad es la venta de mercadería en general su experiencia le permite captar clientes fijos y eventuales que le compran. Martha está solicitando crédito para poder abastecer su inventario para la compra de variedad de ropa y cometidos que son buscados por sus clientes.

Previous Loan Details

Martha Guadalupe is a very active woman with her business for which she feels very happy in this way of life. This isn’t her first loan. Her desire to get ahead through her own efforts motivate her to continue with her business selling general merchandise. She goes out every day to offer her c... More from Martha Guadalupe's previous loan »

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).

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Nicaragua

  • $4,800
    Average annual income
  • 90
    View loans »
    Nicaragua Loans Fundraising
  • $24,741,875
    Funds lent in using Kiva
  • 23.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Martha Guadalupe to buy a variety of clothing and to complete requests.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2011
Listed
Jan 8, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012