Fashmy is a married woman with 2 young children. She takes cash for her sales and also offers financing to some select customers to whom she gives preferential treatment. She has a general store where she sells products such as candies, basic grains, detergent, and more. When she began her business she had few products, but little by little she saved so that her store became what it is today. The loan she is requesting is to buy candies, soft drinks, bread, basic grains, coffee, matches, soups and canned goods.
Fashmy es una mujer casada que tiene 2 hijos menores de edad. El sistema que utiliza ella para su venta es de contado y también ofrece crédito a sus más seleccionados clientes con los que tiene un tratamiento preferencial. Su negocio es una pulpería que ofrece productos como golosinas, granos básicos y detergentes entre otros. Cuando inició su negocio solo ofrecía pocos productos y poco a poco fue ahorrando hasta convertirlo en lo que hoy es. El financiamiento que solicita es para la compra de golosinas, refrescos, pan, granos básicos, avenas, café, fósforos, sopas y enlatados.
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).