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Martha Lorena
Doña Martha is a 40 year-old enterprising woman who works with her husband in their photography studio. They’ve had this business for many years and they have equipped it with new cameras and computers that improve the photos’ resolution. They have three children who are in school training for a better future. They have previously received loans that allowed them to improve their studio’s technology to be at par with the competition. This is a profitable business since there’s always some kind of celebration around the city. They are pleased because they have been able to purchase the necessary supplies to provide good service to their customers. They are requesting this loan to buy a laptop computer for a scanner, as it will be very useful for their business. She is very satisfied with the support this organization has given to improve their business.
View original language description ↓
Doña Martha es una mujer emprendedora, tiene 40 años de edad, junto a su esposo trabaja ya que su negocio es un estudio fotográfico, el cual ha sido su medio de trabajo desde hace varios años, en donde han comprado, cámaras nuevas, computadora para darle mejor resolución alas fotos. Procreo tres hijos los cuales estudian para un porvenir mejor y tienen el apoyo de los dos. Sus financiamientos han sido para mejorar su tecnología y estar con la competencia a igual. Es un trabajo que da ya que cada día hay una celebración en las diferentes ciudades de la capital, contenta por que cada día han ido comprando lo necesario y poder dar un buen servicio. Con este préstamo comprara una computadora portátil para scanner, ya que le será de gran utilidad como herramienta de trabajo. Se siente sastifecha por el apoyo que la institución ha brindado para mejora al dar un servicio mejor de su negocio.

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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 20.9
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Martha Lorena to buy a laptop computer for their business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Jan 28, 2010
Feb 1, 2010
Currency Exchange Loss:
Dec 15, 2010