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Martha Lucila
View original language description ↓
Martha Lucila M. is the mother of 4 children who are currently attending high school. For about 14 years, she's been selling food in the city of Chinandega, specifically in the city's municipal market. Her business began when her partner in life lost his job and although he devoted himself to finding a job was unsuccessful. This obviously resulted in a household crisis, and Martha had not alternative and decided, along with her husband, to invest their savings in a general store.

To fulfill her need in acquiring products for her store, Martha has been working with CEPRODEL for 4 years and is very happy with her loans because they have been provided during times when she needed them the most. Currently, she has a record of 19 loans, which of course, have been paid in a timely manner in accordance with the provisions set forth by CEPRODEL.

Translated from Spanish by Mayra Gould, Kiva volunteer.

Martha Lucila M. es madre de 4 hijos que actualmente están estudiando la secundaria, el negocio de esta señora es venta de comida desde hace 14 años en la ciudad de Chinandega, específicamente en el mercado municipal de Chichigalpa. Su negocio lo inicia al quedar su compañero de vida sin trabajo y al dedicarse a buscar otro empleo no lo encontraba y por tal motivo la crisis se venia apoderando de su hogar. Como no encontraba alternativa, la señora M. decide invertir junto con su esposo sus ahorros para la implementación de la pulpería.

Para suplir su necesidad de adquisición de los productos para la pulpería, doña Martha trabaja con CEPRODEL desde hace 4 años y se siente muy satisfecha con los créditos otorgados pues se los han brindados en el momento que mas los ha necesitado. Actualmente ella tiene un record de 19 créditos que por supuesto han sido pagados en tiempo y forma de acuerdo a lo establecido.

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
  • 51
    View loans »
    Nicaragua Loans Fundraising
  • $26,293,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $550 helped Martha Lucila to purchase products to sell in her store. (Adquisicion de los productos).
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Feb 11, 2008
Jan 27, 2008
Currency Exchange Loss:
Sep 28, 2008