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Marta Sonia

Update on Marta Sonia

Marta continues selling used clothing at the market. She offers varied items and many different styles. She works with her husband who assists in transporting and selling the clothing, since he is now retired. Their four children are married and independent.

With the loans already received, she has increased her inventory; however she will use this new funding to install ceramic tiles, thereby renovating her shop so that it is more hygienic and comfortable. She will buy thirty square meters of tile, a sack of adhesive material, sand, and zinc sheets in order to replace some on her roof that are full of holes. This will enable her to provide better service to her clientele.
View original language description ↓
Marta sigue con su venta de ropa usada, en el Mercado, ropa variada y de muchos estilos, trabaja con su esposo, quien le ayuda a despachar y ofertar la venta, siendo hoy en día jubilado, sus cuatro hijos casados e independientes.
Con estos préstamos que ah obtenido, ha aumentado su inventario, y con este nuevo financiamiento pondrá cerámica en su negocio, teniendo mejor acondicionado su local de venta, mejor higiene y comodidad. Comprara treinta metros de cerámica, bolsa de bont, arena, y láminas de zinc, para cambiar unas que están con mucho ollos en su techo. Dando mejor servicio a su clientela.

Previous Loan Details

45-year old Marta has four children. Together with her husband she has managed to raise them successfully. For the past nine years Marta has sold used clothing for adults, children, men and women. She started out with very little merchandise in a market in the capital city, but now she has increa... More from Marta Sonia's previous loan »

Additional Information


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.

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
  • 76
    View loans »
    Nicaragua Loans Fundraising
  • $25,420,300
    Funds lent in using Kiva
  • 23.6
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Marta Sonia to purchase ceramic tiles and zinc sheets to renovate her shop.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jul 11, 2012
Jul 19, 2012
Currency Exchange Loss:
Jul 18, 2013