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Martha Lourdes

Update on Martha Lourdes

Sra. Martha lives in the community of San Pedro, which is in the municipality of Ticuantepe. She and her husband have worked the land together for many years. Her greatest wish is to provide her children a better future and improved living conditions.


Martha grows dragon fruit and currently wants to keep her crop in optimal condition. With this new loan, she will buy fertilizers and the necessary supplies for combatting pests. She is grateful for the support from AFODENIC and the Kiva funds that have been issued.

View original language description ↓
La señora Martha habita en e l municipio de Ticuantepe en la comunidad llamada San pedro, junto a su esposo trabajan la tierra desde hace muchos años, su mayor sueño es darle a sus hijos un mejor porvenir y mejorar las condiciones de vida, ella cultiva Pitahaya y actualmente requiere darle un mantenimiento optimo a su cultivo, con este nuevo credito comprara los fertilizantes e insumos necesarios para combatir las plagas de sus cultivos, Agradece el Apoyo que Afodenic y Fondos Kiva le han brindado.

Previous Loan Details

Mrs Martha and her husband are residents of the Ticuantepe municipality. He works for a private company to help cover the expenses of the household. They have children. Their future plans are to improve their quality of life, and mainly to build a proper house. Mrs. Martha has been growing dr... More from Martha Lourdes's previous loan »

Additional Information

About AFODENIC

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

  • $3,636
    Average annual income
  • 87
    View loans »
    Nicaragua Loans Fundraising
  • $23,715,900
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Martha Lourdes to buy farming supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 28, 2013
Listed
Mar 19, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014