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Angela Azucena
45-year-old Ángela Azucena is from the town of La Paz Centro, in the west of the country. La Paz Centro is known for its traditional food: 'quesillo' (stuffed tortilla) and 'tiste' (a drink made from cacao and corn).

Ángela has a grocery store business in her home which she has run for the past 17 years. She sells products such as rice, beans, bread, milk, juice, matches, cinnamon, eggs and soda in small quantities. Her goal for this loan is to invest in working capital and stock her grocery store so that she can satisfy her customers. In the near future, she would like to be able to increase her income.

Ángela works 15 hours a day, serving her customers from 6.00am to 9.00pm. She will use this loan to invest in working capital and stock her grocery store. Ángela Azucena is grateful for the help that Kiva lenders provide to people with limited resources in poor countries such as Nicaragua as it helps them to earn a decent living.
View original language description ↓
Ángela Azucena de 45 años de edad, del municipio de la Paz Centro lugar que está ubicado en la zona de occidente del país. La Paz Centro se caracteriza por su comida típica “El quesillo y el tiste” ella tiene por actividad económica la venta una pulpería ubicada en su casa de habitación desde hace 17 años que se dedica a dicha actividad, y consisten en vender productos comestibles como arroz, frijoles, pan, leche, jugos, fosforo, canela, huevos, gaseosas en cantidades pequeñas y por unidad. El objetivo del crédito es invertir en capital de trabajo y surtir su pulpería para satisfacer a su clientela y en futuro cercano poder incrementar sus ingresos. La rutina diaria de Ángela es trabajar unas 15 horas diarias para poder atender a sus clientes desde la 6: am hasta las 9: pm. El objetivo del crédito es invertir en capital de trabajo y surtir su pulpería con productos comestibles. Ángela Azucena agradece la ayuda que los inversionistas kiva le brindan a personas de escasos recursos y países pobre como es Nicaragua para tener un medio de trabajo digno.

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
  • 83
    View loans »
    Nicaragua Loans Fundraising
  • $23,715,900
    Funds lent in using Kiva
  • 24.0
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Angela Azucena to invest in working capital and stock her grocery store with products such as rice, beans, bread, milk, juice, matches, cinnamon, eggs and soda.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 12, 2012
Listed
Jan 2, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013