Maria Efigenia is 49 years old. Her business is selling general merchandise. She has been in the business for more than 7 years and it is her only source of income. It enables her to help with her household expenses. She has three children in her care whom she has to feed, clothe and educate.
María Efigenia will use her loan to buy clothes, shoes, cosmetics and other products. She dreams of expanding her business and being able to offer her customers a large variety of products.
Maria Efigenia tiene 49 años, su actividad es la venta de mercadería en general. Hace más de 7 años que tiene este negocio, por lo que es el único medio de ingreso, pues así puede ayudar con el gasto de su vivienda, tiene 3 hijos menores de edad a su cargo a quienes tienes que proporcionarle alimentos, estudios, educación y vestimenta. El crédito que solicita es para la compra de ropa, calzado, cosméticos entre otros productos necesarios. Sueña con aumentar su negocio y ofrecer una gran variedad de productos.
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).