A loan of $1,600 helped to buy groceries.

Nancy Azucena's story

The 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.

Translated from Spanish by Kiva volunteer Karen Monat

Loan details

Lenders and lending teams

Loan details