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Martha Miriam
Professor Martha S. would like to refinance her fifth loan, in order to invest in home improvements. Martha has been a teacher for 21 years. She has four children, and all of them are in school. Her eldest daughter works in addition to studying full time in order to help her mother cover the family's expenses. They're very poor but in spite of that Martha has been a mother and father to her children, fighting to ensure that their basic needs are met. Martha loves her job, especially helping children learn to read, write, and become better citizens. She's currently studying in her fourth year of university at URACCAN Recinto Nueva Guinea. Martha is grateful for AFODENIC and has used prior credits to buy home appliances, improving her house. Her dream is to own a beautiful home and work so that her children can get ahead.
View original language description ↓
La profesora Martha S. está solicitando refinanciamiento de su 5to crédito para invertirlo en mejora de su vivienda (repellar la vivienda), trabaja como docente desde hace 21 años, tiene 4 hijos, todos estudian y la hija mayor estudia y trabaja a la vez para ayudar a su mamá con los gastos familiares ya que son muy pobres, a pesar que Martha ha sido madre y padre para sus hijos ha luchado para que a ellos no le falte lo básico en el hogar, es una docente que ama su trabajo ya que ayuda a muchos niños a leer, escribir y a ser mejores personas para la sociedad, actualmente esta estudiando su 4to año en la universidad URACCAN Recinto Nueva Guinea. Ella se siente agradecida con la Institución de AFODENIC pues con los créditos anteriores ha comprado electrodomésticos y a mejorado la vivienda donde ella vive, su sueño es tener una vivienda bonita y trabajo para así sacar a sus hijos adelante.

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.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Nicaragua

  • $4,800
    Average annual income
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $25,413,450
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Martha Miriam home repair.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Dec 17, 2008
Jan 1, 2009
Currency Exchange Loss:
Dec 15, 2010