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Martha Jeaneth

Update on Martha Jeaneth

Martha is married and has 4 school age children. She is a trader in the Santo Domingo municipality.

She is requesting her third loan with the objective of continuing to improve her home by building a retaining wall at the back to stop it letting in water.

With her previous loan she succeeded in improving a wall and erecting another part in order to improve the condition of her home little by little.
View original language description ↓
Doña Martha es casada, tiene 4 hijos en edad escolar. Es pequeña comerciante del municipio de Santo Domingo. Esta solicitando su 3er credito con el objetivo de continuar mejorarando su vivienda construyendo un muro de retencion en la parte trasera y evitar que se le meta el agua, con el credito anterior logro mejorar una pared y levantar otra parte estilo minifalda para poco a poco ir construyendo su vivienda con mejroes condiciones.

Previous Loan Details

Martha, 42, is married and has four children who are 16, 14, 12 and 10 years of age. She works as a merchant in Santo Domingo. She’s asking for her first home improvement loan to erect a wall that’s in poor shape because she fears that an accident could happen at any moment. She already has pa... More from Martha Jeaneth'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
  • 62
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Martha Jeaneth to build a retaining wall.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 30, 2012
Jul 4, 2012
Currency Exchange Loss:
May 17, 2013