Sara Del Rosario is 21 years old. Her business activity is selling spare parts for bicycles and motorbikes. She has had this business for more than 5 years. She started her business because people needed it and were asking for it. The type of service she offers did not exist before.
Sara has a 5 year-old son in her care. Her husband helps her to serve the customers who come to her store every day. She will use her loan to buy tires, wheels, seats, pedals, chains, and other parts.
Sara Del Rosario tiene 21 años, su actividad es la venta de repuestos de bicicletas y motocicletas. Hace más de 5 años que tiene este negocio, lo inicio por la necesidad que demandaba el pueblo porque no existía este tipo de servicio que ella ofrece, tiene un hijo menor de 5 años que está a su cargo. Su esposo le ayuda con la atención a sus clientes que llegan diariamente. El crédito es para la compra de llantas, rines, asientos, pedales, cadenas entre otras cosas.
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).