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Martha Alicia
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Martha N. sells all kinds of cosmetics and music on cds. She inherited this business from her mother. Before they sold linens, molenillos (Nicaraguan kitchen utensils), typical products and some other things at the edge of the road in the León central market. She remembers that they set out a wooden table to display their products. Later with their savings and their first loan ($100, one hundred dollars), they were able to move their business to a market stall, and this gave her more to invest in the business in order to offer other types of products. She started to sell cosmetics for women, which are in high demand.

Martha Alicia has worked with loans for three years and has obtained 17 loans with a good payment record, thanks to the good money management. The management of her business has economically helped her son, who studies medicine in a good university. This type of loan has helped her a great deal because as a merchant it is necessary to frequently invest in her business and she hopes to continue to expand her business with this enterprising spirit.

Translated from Spanish by Kate Huddleston, Princeton University Language Project.

Doña Martha N. vende todo tipo de cosméticos y música en cd. Ella hereda de su madre este negocio, anteriormente vendían hilos, molenillos(utencilio de cocina nicaragüense), productos típicos y algunas otras cosas a orillas de la calle en el MERCADO CENTRAL DE LEÓN, recuerda que ponian una mesa de madera para exponer sus productos. <> Luego con sus ahorros y su primer préstamo($100, cien dólares), lograron ubicarse en un módulo del mercado, y esto le dió mas seguridad para invertir en el negocio ofreciendo otro tipo de productos, comenzó a vender cosméticos para damas ya que esto tiene mucha demanda.

Martha Alicia tiene 3 años de trabajar con los créditos y ha sacado 17 créditos con un buen record de pago, gracias a el buen uso de este dinero y el manejo de su negocio le ha ayudado economicamente a su hijo que estudia Medicina en una buena universidad, este tipo de créditos le ha ayudado mucho pues como comerciante se necesita invertir en el negocio con frecuencia y espera seguir siempre adelante con este espíritu emprendedor.

Additional Information


This loan is administered by Centro de Promocion del Desarrollo Local (CEPRODEL), one of Kiva’s larger partners in Central America. Founded in 1991 and based in Managua, Nicaragua, CEPRODEL specializes in the development and funding of housing cooperatives for traditionally marginalized communities, the provision of microfinance services to small businesses, and the promotion of innovative renewable energy projects. In addition, unlike many microfinance institutions in the area that have chosen to avoid the rural areas of the country due to the increased financial risk, CEPRODEL provides financial services to numerous clients in the agriculture and livestock industry. Supporting a borrower through CEPRODEL means contributing to the promotion and sustainability of this important work in Nicaragua.

About Nicaragua

  • $4,800
    Average annual income
  • 60
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 19.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Martha Alicia purchase of cosmetics merchandise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Dec 1, 2007
Nov 17, 2007
Currency Exchange Loss:
Apr 2, 2008