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Gaudy Hazel
Gaudy Hazel is 27 years old and is married. She has a small grocery store in her house, which is very well stocked. She has had this business for 4 years; she started out with only a few items, such as snacks, fruit, etc. Over time she was investing in the business, and this made it grow little by little until it became a well-stocked grocery store. She requests this loan because she wants to make a substantial investment in her business before the 30th of May, when she hopes that the sale of all items will increase because of Mother's Day. Her dream is to continue to make her business grow, and if possible, to become a distributor in the market.
View original language description ↓
La señora Gaudy Hazel tiene 27 años, es casada. La señora tiene en su casa de habitación una pulpería, la cual está muy surtida. Ella tiene 4 años de tener este negocio, este negocio dio inicio con pocas cosas, como golosinas, frutas, etc. Con el tiempo fue invirtiéndole y este ha ido creciendo poco a poco hasta llegar a tener la pulpería muy surtida. Ella solicita este crédito con el propósito de realizar una inversión considerable a su negocio antes que se acerque la fecha del 30 de mayo, en que se espera las ventas de todos los productos se incrementen por ser el día de las Madres. Su sueño es seguir incrementando y haciendo crecer su negocio, y si es posible llegar a tener una distribuidora en el mercado.

Additional Information

Fundación Leon 2000

This loan is administered by Fundación Leon 2000. Fundación Leon 2000 began operations in 1993 as the first microfinance institution to serve the western part of Nicaragua, a country which continues to be one of the poorest in the western hemisphere. Fundación Leon 2000 works to further the development of micro, small, and medium enterprises through credit services and management, applying the best credit industry practices and technical expertise. Additionally, Fundación Leon manages several business and financial education programs in the community, specifically for young entrepreneurs and at-risk youth. Fundación Leon 2000’s group of experienced and dedicated employees works in 7 offices in Leon, Chinandega, Chichigalpa, Somotillo, Jinotepe, El Sauce, and Nagarote and serves several thousand clients (the majority of whom are women).

About Nicaragua

  • $3,636
    Average annual income
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $23,659,150
    Funds lent in using Kiva
  • 21.3
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Gaudy Hazel working capital.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011