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Martha Esther

Update on Martha Esther

Martha is a young woman with a strong self-improvement drive who is currently living in her parents’ house. She’s 24-years-old and mother of an 8-month-old son. Martha works as a hair stylist in a private salon and to earn a bit more now that she’s a mother rents rooms to cover her son’s needs. Martha has been making home improvements in stages and on this occasion requests the loan to buy building materials to finish building a room taking advantage of her house’s rear walls where she’ll add the rental rooms. This income will help her support her family.
View original language description ↓
Una jovencita con muchos deseos de superarse es Martha, quien actualmente habita en casa de sus padres, tiene la edad de 24 años, es madre de un hijo de 8 meses de nacido. Martha trabaja como estilista en un salón particular y para apoyarse un poco más ahora que ya es madre, también alquila cuartos para mantener las necesidades de su hijo. Martha ha venido haciéndole mejoras a la vivienda por etapas, en esta ocasión solicita crédito para comprar materiales de construcción y terminar de hacer un cuarto, aprovechando los muros en la parte trasera de su casa en donde hará la obra para alquiler. Con este ingreso brindara su apoyo a la familia.

Previous Loan Details

Martha is a young woman who is 22 years of age. She works as a kitchen operator. Since she has experience in this type of work, Martha decided to open a small food stand in her parents’ home where she sells tacos, enchiladas, “repochetas” (pan fried tortillas with cheese), hamburgers, and sodas.... More from Martha Esther'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
  • 70
    View loans »
    Nicaragua Loans Fundraising
  • $25,754,375
    Funds lent in using Kiva
  • 25.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Martha Esther to buy building supplies.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 26, 2013
Oct 9, 2013
Currency Exchange Loss:
Feb 17, 2014