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Martha Eugenia

Update on Martha Eugenia

Martha continues working as a cashier and making income from a room which she rents out. This helps her to cover her expenses. Over the years, her goal has been to improve her house and she has been managing this through loans.

Martha would currently like to build higher walls in her home as the council repaired the roads and raised the ground at the same time which meant that the streets became higher and her home was left lower than the level of the road. She would like to make this improvement before the winter comes and she gets flooded. She would like her front walls to be level with the street. In order to achieve this, she will buy building supplies ( stone, sand, cement and iron) and start the work. This will provide her family with security.
View original language description ↓
Doña Martha, continua laborando, como cajera, y el ingreso de un cuarto que alquila, logrando a si, equilibrar sus gastos, atraves da estos años, su meta ha sido mejorar su casa, en donde lo ha venido logrando, con financiamientos.
Hoy en dia, desea subir paredes, mas altas en su casa, ya que la alcaldia, reparo calles y echo tierra, lo que las calles, quedaron altas, quedando su casa en bajo, y desea hacer esta mejora, ante que las correntada del invierno, le inunden, quedando paredes de enfrente, al igual que la calle. Lo que comprara materiales de construccion en piedra, arena, cemento y hierro para comenzar la obra. Dando seguridad a su familia.

Previous Loan Details

Martha is a woman who has worked very hard since she was young. She has a daughter who she has raised alone without any support from her ex-partner. Martha currently works as a cashier in a store. She has been working there for several years. With her savings and financing she has built her... More from Martha Eugenia's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 53
    View loans »
    Nicaragua Loans Fundraising
  • $26,297,675
    Funds lent in using Kiva
  • 23.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Martha Eugenia to buy building supplies so that she can start building concrete walls at the front of her home.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jan 13, 2012
Jan 23, 2012
Currency Exchange Loss:
Apr 18, 2013