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Martha Lorena

Update on Martha Lorena

Martha lives in a marginal neighborhood in Managua. She’s the mother of two children one of which is still dependent on her. She wasn’t lucky with her spouse so she’s now trying to make it in life alone. She continues employed as a receptionist. She’s requesting the loan to build a new front wall and to install metal grills at home; this improvement will make it possible for her to guarantee her family’s safety.
View original language description ↓
Martha, habita en un barrio marginal de Managua, es una señora madre de dos hijos con uno a su cargo, ella no tuvo suerte con su pareja, por lo que en la actualidad se encuentra luchando sola para salir adelante, continúa con su labor como recepcionista. Solicita el crédito para construir el muro frontal y poner verjas en su casa, esta mejora le permitirá garantizar la seguridad de la familia.

Previous Loan Details

Martha is a hard-working woman. She has helped her family by working and starting a corner store. This has enabled to cover her expenses. Her husband works as a driver and her young son is in elementary school. Currently, there is no one to run the corner store because Martha is working full t... More from Martha Lorena'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
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $26,432,925
    Funds lent in using Kiva
  • 25.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Martha Lorena to buy cement, sand, metal rods and concrete blocks.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jun 15, 2013
Jul 4, 2013
Currency Exchange Loss:
Aug 17, 2014