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Marta Sonia

Update on Marta Sonia

Sonia is married and has four children with her husband who are adults and independent. Now she works to support herself and her husband, who is retired. She has continued her past work of selling varieties of secondhand clothing.

She is requesting this loan to invest in her business with various goods to sell, and to guarantee she will have bread each day in her home.
View original language description ↓
Doña Sonia, quien con su esposo procrearon 4 hijos los cuales son mayores de edad e independientes, ahora ella trabaja para la manutención de su esposo quien es jubilado y para ella. Continúa con su labor vendiendo ropa de segunda y variedades. Solicita el crédito para poder invertir en su negocio con mercaderías variadas para vender y garantizar el pan de cada día en su hogar.

Previous Loan Details

Doña Marta continues selling second-hand clothing. backpacks, handbags at a market in the capital together with her husband as her investment has been growing since their prices are reasonable and their products are of good quality. They attract customers. With this new financing she will be a... More from Marta Sonia'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
  • 76
    View loans »
    Nicaragua Loans Fundraising
  • $25,420,300
    Funds lent in using Kiva
  • 25.2
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,350 helped Marta Sonia to invest in varieties of second-hand clothing.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Jun 15, 2013
Jul 31, 2013
Currency Exchange Loss:
Apr 16, 2014