Check out some available loans that are similar to this one!
Martha Azucena

Update on Martha Azucena

Martha Azucena, 52, has sold fruits and vegetables in a stall in the market for 21 years. Every day she sells her customers a variety of fresh fruit, which she gets in the wholesale market in Managua. This business is an important source of help for her family. Martha's business always has customers who prefer her good manner and kindness, but especially the quality of the fruit she sells.

The loan is to get products such as bananas, onions, tomatoes, watermelon, papaya, and peanuts, among others.

Martha is very hardworking and devoted to her family. Her greatest desire is to continue to grow as a businesswoman.
View original language description ↓
Martha Azucena tiene 52 años, Desde hace 21 años tiene instalado en el mercado su puesto de venta de frutas y verduras Todos los días ofrece a sus clientes una variedad de frutas frescas los cuales adquiere en el mercado mayorista en Managua. Este negocio es una fuente importante de ayuda a la familia. El negocio de Martha siempre cuenta con clientes que prefieren su buen trato y amabilidad pero sobre todo la calidad de fruta que vende. El préstamo es para adquirir productos como plátanos, cebollas, tomates, sandias, papayas, maní entre otros. Martha es muy trabajadora y entregada a su familia, Su mayor anhelo es seguir creciendo como empresaria.

Previous Loan Details

Martha Azucena is 52 years old and lives together with her son who is in her care. For 20 years, Martha has run a fruit stall in the market. Every day she offers her customers a variety of fresh fruit which she acquires in the wholesale market in Managua. This business is a great help to her f... More from Martha Azucena's previous loan »

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).

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 Nicaragua

  • $3,636
    Average annual income
  • 68
    View loans »
    Nicaragua Loans Fundraising
  • $23,624,275
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Martha Azucena to buy bananas, onions, tomatoes, watermelon, papaya, and peanuts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 8, 2012
Listed
Jun 7, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 21, 2013