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Martha Azucena
Martha Azucena is an enterprising young woman who began working selling used clothing. Her orders have increased and as a result she needs to get her clients what they have requested. This is the second loan that she has requested as she is always looking for a way to get ahead. Martha dreams of opening her own establishment to sell to the public in the market where she has many customers. She isn’t afraid of competition because she knows it isn’t easy to offer good quality clothing articles at low prices like she does. The loan will be used to buy items to sell.
View original language description ↓
Martha Azucena es una joven emprendedora inicio a laborar en la venta de ropa usada. Los pedidos han aumentado por lo que tiene la necesidad de proporcionarle a sus clientes lo que ellos solicitan. Este es el segundo préstamo que solicita por lo que siempre está buscando la forma de salir adelante. Martha sueña con abrir un establecimiento al público en el mercado en donde asisten muchos clientes. Considera que no le teme a la competencia porque no es fácil ofrecer prendas de buena calidad a precios bajos como ella lo hace. El motivo del financiamiento es para la compra de materia prima.

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
  • 140
    View loans »
    Nicaragua Loans Fundraising
  • $24,079,275
    Funds lent in using Kiva
  • 21.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Martha Azucena working capital.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 17, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012