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Marta
Martha lives in the community of Las Pilas, located 12 kilometers from the municipality of El Sauce, Nicaragua. She is 56 years old, married and has 10 children, the majority of whom are grown up and independent. Because of a lack of resources, she was not able to finish school and she married very young. With the passage of time and experience she has turned herself into a businesswoman and a fighter, and she has passed those traits down to all of her children. For nearly half her life she has made a living in commerce, going door to door selling household foods, but thanks to the support of her husband and two of their children who work in Costa Rica she was able to get a little bit of capital to start a stable business. She set up a small convenience store in her home offering general groceries, taking advantage that there had not been any such business in the community and the inhabitants had to travel to El Sauce to acquire their household necessities. Her sales have increased during this time of nice January weather, and she needs more capital to stock her business. She is requesting the loan to purchase milk, vegetables, rice, sugar, bread, oil and toilet paper. She is asking Kiva and CEPRODEL to support this request so she can stock up on the products her customers demand and thus satisfy them.
View original language description ↓
Doña Martha habita en la comunidad de Las Pilas ubicado a 12 km del municipio de El Sauce, es una señora de 56 años, casada, madre de 10 hijos la mayoría independientes, que por sus bajos recursos no pudo terminar la escuela, se casó muy joven pero con los pasos de la vida y la experiencia se convirtió en una mujer emprendedora y luchadora que le ha transmitido esta fortaleza a todos sus hijos.

Casi la mayor parte de su vida se ha dedicado al pequeño comercio de manera ambulante de caminar día a día vendiendo de casa en casa alimentos para el consumo en el hogar pero hoy en la actualidad gracias al apoyo de su esposo y dos hijos que trabajan en Costa Rica le obsequiaron un pequeño capital para que iniciara un negocio estable donde instaló una pequeña pulpería ubicada en su vivienda donde ofrece abarrotería en general, contando con la ventaja que es el único negocio que hay en el caserío y que así sus habitantes se evitan de viajar hasta el Sauce para adquirir lo necesario para el hogar.

En este momento por la buena temporada de enero donde las ventas aumentan necesita más capital para surtir el negocio por lo que necesita de un crédito para la compra de leche, verduras, arroz, azúcar, pan, aceite y papel higiénico.
Solicita a Kiva y Ceprodel que le apoyen con su solicitud para poder surtir de productos que demandan sus clientes y así poderlos satisfacer.

Additional Information

About CEPRODEL

This loan is administered by Centro de Promocion del Desarrollo Local (CEPRODEL), one of Kiva’s larger partners in Central America. Founded in 1991 and based in Managua, Nicaragua, CEPRODEL specializes in the development and funding of housing cooperatives for traditionally marginalized communities, the provision of microfinance services to small businesses, and the promotion of innovative renewable energy projects. In addition, unlike many microfinance institutions in the area that have chosen to avoid the rural areas of the country due to the increased financial risk, CEPRODEL provides financial services to numerous clients in the agriculture and livestock industry. Supporting a borrower through CEPRODEL means contributing to the promotion and sustainability of this important work in Nicaragua.

About Nicaragua

  • $3,636
    Average annual income
  • 61
    View loans »
    Nicaragua Loans Fundraising
  • $23,461,725
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Marta to purchase milk, vegetables, rice, sugar, bread, oil and toilet paper.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 27, 2012
Listed
Jan 4, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014