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Karla Azucena

Update on Karla Azucena

Karla is 36 years old, she is married, and she has three children that are 13, 9, and 3 years old. She is originally from Managua, which is in the central region of the country. Karla is a very hard-working woman who is responsible and is very driven to achieve her personal goals. In her free time, she likes to spend time with her family in outdoor activities and to prepare traditional dishes such as "gallo pinto." Unfortunately, she was not able to attend the university and she was instead obligated to work since she was a child. For this reason, she fights daily to provide a better future for her small children.

Thanks to God, and to her drive to get ahead, she works as a salesperson, selling accessories and products for the home such as notebooks, gifts, gift baskets, wall clocks, glassware, albums, calculators, etc.

She works 10 hours per day selling her products, which is a job she does with pleasure. This loan will be used to invest in working capital so that she can buy and sell products, so that in a not-so-distant future she can earn a higher income. Karla is thankful for the help that Kiva lenders are providing to her and to the other people that don't have resources, especially in poor countries such as Nicaragua. With this help, they can find dignified work.
View original language description ↓
Karla de 36 años de edad, casada con tres hijos menores de edad de 13, 9,3 años, es originaria de Managua lugar que está ubicado en la zona central de país. Karla se caracteriza por ser una mujer trabajadora, responsables, con ganas de superación personal. En su ratos libre le gusta disfrutar mucho con su familia en actividades recreativas, prepara platos típicos como “gallo pinto” lamentablemente no pudo cursar una carrera universitaria y se vio obligada a trabajar desde temprana edad. Por lo que lucha día a día para brindarles un futuro mejor a sus pequeños hijos.
Gracia a su espíritu y sus ganas de salir adelante tiene por actividad económica la venta de bisutería y productos para el hogar productos como cuadros, retraterías, bolsas de regalos peluches, reloj de pared, cristalería, álbum calculadora. Ella dedica a su negocio unas 10 horas diarias ofreciendo sus productos, actividad que la desempeña con mucho gusto. El objetivo del crédito es invertir en capital de trabajo surtir su negocio en l comprar y venta de mercadería para que en un futuro no muy lejano pueda obtener mejores ingresos. Karla 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.

Previous Loan Details

Karla Azucena, 36 years old, is married with 3 children of 13, 9, and 2 years old. She is originally from Managua, a place that is located in the central area of the region. Karla is known for being a responsible working woman, wanting to succeed. Unfortunately, because of the lack of financial r... More from Karla 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
  • 121
    View loans »
    Nicaragua Loans Fundraising
  • $23,803,950
    Funds lent in using Kiva
  • 24.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,475 helped Karla Azucena to invest in working capital and to supply her business in the purchase and sale of merchandise such as notebooks, gifts, gift bags, wall clocks, glassware, albums, and calculators.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2013
Listed
Jul 3, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013
This photo was used before for a previous loan for Karla Azucena. It was first posted on Kiva on Mar, 2013. Learn More