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Martha Ines

Update on Martha Ines

Martha is a single woman with five children, who are all married and independent. She is very hardworking and active, working at her age selling clothes in Managua and travelling to an area of the Caribbean coast of Nicaragua to sell her products. She also rents rooms to have a regular income, since things are more and more expensive these days.

Martha is requesting this loan in order to install bathrooms and toilet facilities in the rooms of her tenants, which is needed to improve sanitary conditions. For this purpose, she needs to buy cement, sand, blocks, stone, quarry stone, iron, PVC pipes, toilets and accessories.
View original language description ↓
Doña Martha es soltera tiene 5 hijos todos casados e independientes, ella es una persona muy trabajadora y activa, a su edad trabaja vendiendo ropa en Managua y viaja a una zona de la costa del Caribe de Nicaragua a comercializar sus productos, también alquila cuartos para poder obtener un ingreso regular, ya que las cosas cada vez son más caras hoy en día, doña Martha solicita este crédito para realizar baños en los cuartos de sus inquilinos que es lo que les hace falta para una mejor condición sanitaria, instalar servicios higiénicos, para tal objetivo necesita comprar cemento, arena, bloques, piedra, cantera, hierro, tubos pvc, inodoros y sus accesorios.

Previous Loan Details

Through Martha’s own business of second hand clothes and renting of a room she is able to cover her monthly expenses. Her sales have increased 80% thanks to the nine loans given by the organization. The increase in capital has allowed her to increase her sales resulting in higher profits. The... More from Martha Ines'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
  • 132
    View loans »
    Nicaragua Loans Fundraising
  • $24,558,975
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,250 helped Martha Ines to buy cement, sand, blocks, stone, quarry stone, iron, PVC pipes, toilets and accessories.
99% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Nov 17, 2012
Dec 1, 2012
Currency Exchange Loss:
Jul 17, 2014