Rafaela Del Socorro, 56, is a woman who refuses to be crushed by adversity. She has a young son in her care. She sells general merchandise. Every day she goes out to buy products such as perfumes, creams, treatments, sheets and towels. She is looking at ways to boost her income, and by being out and about every day she obtains many customers who order different products. She requests the loan to buy raw materials needed for her business.
Rafaela Del Socorro tiene 56 años, ella es una mujer que no se deja abatir por las consecuencias. Ella tiene 1 hijo menor de edad, que está a su cargo. Ella se dedica a la venta de mercadería en general, todos los días sale a comprar sus productos como perfumes, cremas, tratamientos, sabanas, toallas. Ella busca la forma de mejorar sus ingresos, pues sale todos los días a recorrer las diferentes calles en donde obtiene muchos clientes que le solicitan diferentes productos. Este crédito lo solicita para la compra de materia prima necesaria para su negocio.
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).