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Martha Ines
Martha, 54, has five children and seven years ago she began to sell used clothing. Afterwards, she rented out a room to earn additional income to partially cover household expenses. Her loans have been used to invest in her business and the profits therefrom have been used to make some home improvements which, with help from her employed children, she has been able to accomplish little by little. She still needs to replaster the walls and to install flooring for better hygiene and well-being of her family. With this latest loan she intends to buy bundles of clothing so that she can increase her sales because when she brings new bundles of clothes her customers buy several articles because they are still good and at reasonable prices; besides, she has little inventory available because she's waiting for the loan to be approved to go buy several bundles; currently all she has left in stock are sheets and pillow cases. She has two children that are still in school and she hopes to be able to support them until they finish their schooling so that they can have a better future.
View original language description ↓
Doña ,Martha es madre de familia de cinco hijos, tiene 54 años de edad, su negocio que empezó hace siete años vendiendo ropa de segunda mano, luego comenzó a alquilar un cuarto para entradas económicas y cubrir parte de los gastos con el dinero del alquiler. Sus préstamos han sido para invertir mas en su negocio, y con las ganancias ir haciendo mejoras en su casa, que poco a poco ha venido mejorando con ayuda de sus hijos que trabajan, aun falta repellar las paredes y poner piso para un mejor bienestar como mejor higiene de su familia. Con este préstamo comprara paca de ropa el cual espera incrementar las ventas ya que cuando trae varias pacas nuevas sus clientes le compran varias piezas por buenas, y accesibles en costo, además tiene poco inventario por que esta esperando la aprobación del crédito para ir a comprar varias paca ya que solo tiene sabanas y fundas. Tiene dos hijos aun estudiando el cual espera apoyarlos para que terminen su ciclo de estudios con el propósito que encuentren un mejor por venir a futuro.

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 Nicaragua

  • $4,800
    Average annual income
  • 42
    View loans »
    Nicaragua Loans Fundraising
  • $26,238,100
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Martha Ines to buy several bundles of clothing.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jan 7, 2010
Jan 15, 2010
Currency Exchange Loss:
May 15, 2011