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Kenia Azucena

Update on Kenia Azucena

Kenia is 33 years old, married, and has 3 children. She lives with her husband and children in the municipality of La Masica in the department of Atlántida.

For 3 years, Kenia has had her own beauty salon and cosmetic sales business. She offers her customers hairstyling, haircuts, straightening, ironing, hair color, and nail treatments, and other services. She also sells products like hair color, creams, shampoo, nail polish, and nail polish remover, etc. She has the business in her house, and she is very well-known in the community.

Kenia is requesting a second loan for 28,000 Honduran lempiras to pay for some purchases that she made on credit, and to stock her business with more creams, shampoos, dyes, nail polish, and other products that she uses and sells in her salon. Her goal is to grow her business so that she can provide for her family and give her children a better quality of life and an education.
View original language description ↓
Kenia, de 33 años de edad, casada, tiene 3 hijos, vive con ellos y su esposo en el municipio de la Masica Atlántida. Ella tiene su propio negocio desde hace 3 años de un salón de belleza y venta de productos cosméticos. Ofrece a sus clientes, peinados, cortes de pelo, alisados, planchados, tintes, tratamiento de uñas etc. También vende productos como tintes, cremas, champú, glases, quita esmalte etc. El negocio lo tiene en su casa y es muy conocida en la comunidad. Esta solicitando un segundo préstamo por 28,000 Lempiras para cubrir las compras al crédito y surtir mas su negocio de cremas, champú, tintes, esmaltes y otros productos que vende y usa en su salón. Su meta es hacer crecer el negocio para sacar adelante a su familia y poderle dar un mejor nivel de vida a sus hijos y poderlos graduar.

Previous Loan Details

Kenia, age 32, is married and has three children. She lives in San Juan Pueblo in the Masica municipality in Atlántida. She has had her own business, a beauty salon and beauty product sales, for two years. She offers her customers hairstyling, haircuts, straightening, ironing, hair color, and… More from Kenia Azucena's previous loan »

Additional Information

About Organización de Desarrollo Empresarial Femenino Financiera, S.A.

This loan is administered by Organización de Desarrollo Empresarial Femenino Financiera, S.A. (ODEF), a Kiva Field Partner in Honduras. A leader in the microfinance sector since 1985, ODEF strives to combat poverty by offering a wide array of financial services to low-income men and women. The organization works with its parent NGO, ODEF OPD, to provide training and technical assistance to impoverished microentrepreneurs. By incorporating the entire family unit in this process, ODEF OPD aims to improve the standard of living through the creation of profitable enterprises. Visit ODEF’s partner page for more information.

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 Honduras

  • $4,200
    Average annual income
  • 24
    View loans »
    Honduras Loans Fundraising
  • $8,146,250
    Funds lent in using Kiva
  • 20.4
    Honduras Lempiras (HNL) = $1 USD
Expired
A loan of $1,375 helped Kenia Azucena to buy beauty products for her salon and to payoff pending bills for prior credit purchases.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2013
Listed
Jul 31, 2013
Currency Exchange Loss:
Possible
Expired:
Aug 30, 2013
This photo was used before for a previous loan for Kenia Azucena. It was first posted on Kiva on Aug, 2012. Learn More