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Marta Del Carmen
Marta’s a hardworking, humble woman living in the municipality of Masaya with her husband and children. Her future plan is to be able to improve her living conditions, above all to make improvements to her humble house. He supports all her projects because the business is both of theirs. She sells women’s shoes in the country’s departments. They buy them at wholesale in the market and then resell them. The business has produced good income that’s helped them cover household expenses. They will use this loan to buy footwear to increase their products. She’s grateful for the support Afodenic and Kiva funds have provided.
View original language description ↓
La señora Marta mujer trabajadora y humilde habita en el municipio de Masaya junto a su esposo e hijos su planes a futuro es poder mejorar sus condiciones de vida y sobre todo mejorar su humilde casa, el la apoya en todo los proyectos ya que entre los dos tienen su negocio, vende Calzado para damos en los departamentos del pais, ellos compran al por mayor en el mercado y lo comercializan, negocio el cual les ha dado buenos ingresos que les a servido para lod gastos del Hogar, con este credito compraran Calzado para incrementar sus productos, Agradece el apoyo que Afodenic y Fondos Kiva le han brindado

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.

About Nicaragua

  • $3,636
    Average annual income
  • 112
    View loans »
    Nicaragua Loans Fundraising
  • $23,731,525
    Funds lent in using Kiva
  • 24.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Marta Del Carmen to buy shoes and sandals.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2013
Listed
Jun 4, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014