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Martha Amalia

Update on Martha Amalia

Mrs. Martha and her husband work every day in their small grocery store, which is the family’s only source of income. They use it to pay for the home expenses, their children’s school and for the provision of special needs care for one of their children.

She is requesting a loan to stock her store, now that she has little left to sell.
View original language description ↓
Doña Martha en conjunto con su esposo trabajan a diario en su pequeña pulpería su único medio de ingresos para la familia, del cual cubren los gastos básicos del hogar, escuela de sus hijos, la manutención de un hijo con capacidad diferente que requiere de una atención especializada, este crédito que solicita es para poder mantener sus productos los cuales tiene muy poco para vender.

Previous Loan Details

Martha is 53 years old and is a shop keeper. With the loans that she has had before, she has grown her store which initially just sold drinks. Later, she invested in the infrastructure of her house. Her children are already adults and live independently with the exception of one who was born with... More from Martha Amalia'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

  • $3,636
    Average annual income
  • 146
    View loans »
    Nicaragua Loans Fundraising
  • $24,067,475
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Martha Amalia to buy grains, milk, eggs, canned food and beverages.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Apr 16, 2013
Apr 24, 2013
Currency Exchange Loss:
Dec 17, 2013