Melba is 22 years old and lives at home with her 5-year-old son. For the past 5 years she has sold clothing items, selling to people who are mostly acquaintances or family members, which guarantees she will be paid for the merchandise she sells. She says that this business is very profitable because she buys clothing at low prices and can sell them at a good price to her customers, and then she can stock up on merchandise. One of her goals is to increase her income so that she can improve her home. With the loan that she is requesting, she will invest in buying more pants, shirts, skirts, underwear, and general products.
Melba tiene 22 años, vive en casa con su hijo de 5 años a su cargo. Desde hace 5 años se dedica a vender prendas de vestir, ofreciendo a personas que en su mayoría son conocidas o familiares, eso le garantiza el pago de la mercadería que vende. Afirma que este negocio es muy rentable porque compra a un precio módico las prendas y puede ofrecer a un buen precio a sus clientes, es así que se abastece de mercadería Una de sus metas es mejorar sus ingresos para realizar mejoras a su vivienda. Con el crédito que solicita, invertirá en la compra de más mercadería en pantalones, camisas, faldas, ropa interior y productos en general.
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).