Candida is a 70-year-old married mother of six children who has sold clothes door-to-door for the past 17 years. She makes frequent trips to Managua to re-stock her inventory and meet client demands.
Candida is requesting a loan to buy a greater variety and higher quality shirts, pants, skirts, suits, towels, and linens. She would like to continue to work hard for the next several years to support her family as much as possible.
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).