Update on Nancy AzucenaThe Artisanal Communal Bank meets every two weeks in Jipijapa Canton, a canton known as "The Sultaness of Coffee" due to its extensive coffee crops, which have an incomparable flavor, and also for its gastronomy and the warmth of its people.
In this place lives Nancy, 48 years old. She is married and has one son, who is grown but still lives with her. Her husband works for the canton council.
More than 13 years ago, and with her husband's help, Nancy put a small store in her house in order to move her family ahead and to be able to help with the household expenses with her earnings. With the passage of time and the help of the loans she has received from Fundación Espoir, she has been improving it and stocking it every day. There she sells all kinds of groceries. She also recharges phone cards from various operators at her store. Her son helps her when he isn't busy, although she is always in her store, since she likes to be there because in addition to earning something she has fun.
She is taking out another loan with the institution in order to continue improving her business so that her customers will find everything. This is how she wins more customers every day. She is currently selling ice cream from a very good national brand. With this, she will have more income with the same work, since these sales do not take any more of her time. She will use this loan to buy groceries to further stock her store. She has been in the Communal Bank for 10 years, and she likes it because the loans have improved her store a lot.
Her goal is to continue moving forward, improving her business even more.
En este lugar vive la señora Nancy, tiene 48 años de edad, está casada y de esta relación tienen un hijo el cual es mayor de edad pero aun vive con ella. Su esposo trabaja en el Municipio del cantón.
Doña Nancy para salir adelante junto a su familia y con estas ganancias poder ayudar con los gastos del hogar hace mas de 13 años con los ahorros que tenia y con ayuda de su esposo puso en su casa una pequeña tienda, la misma que con el paso del tiempo y con ayuda de los créditos que ha recibido de parte de la fundación Espoir la ido mejorando y surtiendo cada día mas, allí vende todo tipo de víveres y también en su local realiza recargas telefónicas de varias operadoras, su hijo le ayuda cuando está desocupado aunque siempre es ella que está en su local ya que le gusta estar allí porque allí además de ganarse algo se entretiene.
Ella está repitiendo el crédito con la institución para seguir mejorando su negocio para que sus clientes encuentren de todo, es así como cada día gana más clientela, actualmente está vendiendo helados de una marca nacional muy buena ya que con esto tiene más ingresos con el mismo trabajo ya que estas ventas no le quitan mayor tiempo. Este crédito lo va a emplear en comprar víveres para surtir más su tienda. Está en el Banco Comunal hace 10 años y le gusta porque con los créditos ha mejorado mucho su local.
Su meta es seguir adelante mejorando aun más su negocio.
Previous Loan DetailsThe “Artesanal” communal bank meets every two weeks in Jipijapa Canton, a canton known as the “Sultana of Coffee” because of the vast plantations of incomparably flavored coffee there, for its cuisine and for the warm-heartedness of its people. Nancy, 48, lives here and has an adult son who st... More from Nancy Azucena's previous loan »
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.
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