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Martha Mariela

Update on Martha Mariela

Martha is from Pueblo Nuevo, Estelí. She owns a grocery store which she has been growing bit by bit. She used her first Kiva loan to stock her store and buy new products. She tells us that, as a result, she was able to gain more customers. She was also able to invest in buying new clothing to sell. Martha is requesting her current Kiva loan in order to buy clothing and to stock her store with products for Mothers' Day which is celebrated this month. A lot of her customers are requesting a variety of products to buy and she doesn't want to lose the opportunity to sell products and grow her business.
View original language description ↓
Martha, originaria de Pueblo Nuevo municipio de Estelí, es dueña de una pulpería la cual ha venido creciendo poco a poco , el primer préstamo Kiva lo utilizo precisamente para surtir su pulpería, comprar nuevos productos y según nos cuentan logro hacer más clientes. Además le permitió invertir en compra de ropa nueva para vender y ofrecer variedad. Hoy está solicitando un crédito Kiva para comprar ropa y surtir su tienda con productos alusivos al día de la madre que se celebra en este mes y la mayoría de sus clientes le están solicitando variedad para comprar y ella no quiere perder la oportunidad de vender y hacer crecer su negocio.

Previous Loan Details

Martha is 34 years old and from Pueblo Nuevo, in the town of Estelí. She is married and has 3 children. Martha studied to be a business secretary. She owns a small store where she sells clothes and cosmetics. She has owned her business for 7 years. Martha started working in this business with… More from Martha Mariela's previous loan »

Additional Information

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

  • $3,636
    Average annual income
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $23,416,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $875 helped Martha Mariela to buy clothing and stock her store with Mothers' Day products.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2012
Listed
May 29, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012