Máximo Ubense is 37 years old and his business is a small grocery. This business has become his principal source of income. He started with a small candy store and with time has been able to get ahead. This is not his first time utilizing a loan, which has been very helpful. Currently he is continuing with his grocery, as it is his only means of making a living and he has a son to provide for. This loan is to be invested in the purchase of staple grains, milk, sweets, sodas and juices.
Máximo Ubense tiene 37 años su actividad es una pulpería. Este negocio surgió como su principal fuente de ingresos. El comenzó con una pequeña ventas de caramelos, ha sido con el paso del tiempo que ha salido adelante. Esta no es la primera vez que realiza financiamientos, por lo que han sido de buena ayuda. Actualmente sigue adelante con este negocio pues es el único medio de vida que posee, pues tiene que cuidar de su hijo. El financiamiento es para invertir en la compra de granos básicos, leches, golosinas, refrescos y jugos.
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).